Compliance

Also extended is a provision in prior pension reform allowing over-funded pensions to use their excesses to fund retiree health and life insurance benefits.

There is perhaps no better venue than a marathon Labor Department hearing to show what practices and beliefs most divide an industry.

The IRS says the webcast will reveal what it’s learned from compliance activities.

There are few, if any, regulations providing direct guidance on this matter.

The Department of Labor has released its agenda for next week’s public hearings to discuss the department’s proposed fiduciary rule changes.

“The misery of uncertainty is worse than the certainty of misery,” commented one retirement industry expert, on the release of 2016 IRS static mortality tables. 

Circuit court sees no need to change a previous ruling in a stock drop case, reconsidered in light of the Supreme Court’s recent Fifth Third Bancorp v. Dudenhoeffer...

The IRS employee plans unit will stop answering technical public questions shared via email in October.

A group of mostly Republican Congressional representatives are urging Secretary of Labor Thomas Perez to scrap the current fiduciary rule proposal.

Transcripts from a tough SEC hearing called earlier this month show it's not just the Department of Labor considering changes to the application of the fiduciary standard.

A federal appellate court says a defined benefit plan beneficiary has no standing to sue the plan if he cannot prove individual harm.

The agency says funding relief prevents it from getting all information it needs to help plans.

The combined trust fund reserves are still growing and will continue to do so through 2019, the annual Trustees Report says.

The agency says $108,000 in fringe benefit contributions were not forwarded to the Brunk Industries Contractors and Employees 401(k) Plan.

With Tuesday’s deadline to submit comment letters about the fiduciary proposal, announcements came from many organizations.

Going forward, individually designed retirement plans may only receive a determination letter for initial plan qualification and for qualification upon plan termination.

PBI Bank will no longer serve as a trustee or service provider for any plan covered by ERISA, with a few exceptions.

Eight comment letters to the DOL address SIFMA’s concerns about the fiduciary redefinition, including what it sees as an unfair position on commission-based accounts.

The financial firm says the proposal has “unduly complicated” provisions.

Over-funded pension plans would have a longer time period in which they could use surpluses to pay for retiree health and life insurance benefits.