Compliance

A draft version of a White House memo and a new website are causing some sparks in the adviser community.

A recent $140 million fiduciary breach settlement involving Nationwide Financial should be a call to action for retirement specialist advisers, says David Witz of Fiduciary Risk Assessment LLC.

Senate Finance Committee Chairman Orrin Hatch, R-Utah, has formally outlined his hopes and expectations for federal tax reform,...

The ERISA Advisory Council has made recommendations to support the idea of retirement plan participants keeping their savings in ERISA-covered plans for life.

The 2014 ERISA Advisory Council made several recommendations to the Department of Labor (DOL) related to outsourcing employee benefit plan services.

A federal appellate court has agreed with the PBGC that a retirement plan amendment adopted after the plan’s termination impermissibly reduced its benefit obligations to participants.

The White House has released a statement outlining the president’s tax proposals.

Edison International has petitioned the U.S. Supreme court to drop its review of Tibble vs. Edison International, a closely watched retirement plan fee litigation case involving the company’s...

Leaders of the Insured Retirement Institute expect “swift and significant legislative reaction” if the Department of Labor’s fiduciary redefinition proposal closely resembles a preliminary version filed in 2010.

The U.S. Labor Department filed a complaint against a Rochester, New York, investment adviser and plan administrator to recover losses suffered as result of alleged fiduciary breaches.

The DOL has issued guidance about new DB plan funding notice requirements of the Highway and Transportation Funding Act of 2014.

The surviving spouse of a fully vested participant in a FedEx pension plan claims she is being unlawfully denied a survivor annuity benefit owed to her by the...

A committee tasked with considering a state-established retirement plan for private-sector employees has issued its recommendation report.

A survey finds the majority of DC plan sponsors that offer company stock as an investment option have no plans to make changes to the offer, despite a...

The Securities and Exchange Commission adopted several sets of rules and proposed others related to data collection and reporting for security-based swap data repositories.

The Securities and Exchange Commission (SEC) released examination priorities for 2015 in the shortest form ever: just five pages.

The PBGC is revising its premium filing procedures to require reporting of pension risk transfer actions.

The DOL’s Employee Benefits Security Administration says a substantial year-over-year drop in the agency’s reported collection totals for 2014 is the result of a change in reporting technique.

Staff reductions over several years must be related to be considered together when deciding if a partial pension plan termination occurred.

A pension plan that has changed actuarial services firms can have a change in funding method automatically approved.