Compliance

A lawyer accused of financial wrongdoing should receive a 401(k) distribution of his plan savings from his old law firm, but not the employer’s contributions, a federal judge...

A federal judge in Pennsylvania has cleared the way for a 401(k) participant to pursue his claim that plan trustees violated their fiduciary duties.

Federal officials have issued a corrected document on final regulations for hybrid defined benefit plans since a previous version contained errors “that may prove to be misleading and...

A federal judge in Massachusetts ruled that Alcatel-Lucent USA did not breach its Employee Retirement Income Security Act (ERISA) fiduciary duties through its severance plan disclosures to four...

A 401(k) participant claimed Morgan Stanley caused significant losses to his account after his request to move money out of the stock market was not acted upon. 

Those scrambling to deal with the potential implications of a change in tax rates may find the 2010 Tax Relief Act to be aptly named.

The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) has announced a March 2011 hearing on a proposed rule changing the scope of the term “fiduciary.”

A federal judge has given final approval to an $8.5 million settlement of a long-running stop drop lawsuit.

A federal appellate court has ruled that the National Education Association (NEA) cannot be held liable for a fiduciary breach because of its endorsement and marketing of annuities...

The Internal Revenue Service (IRS) has published guidance on the special rules on funding relief for single-employer defined benefit plans.

The Internal Revenue Service (IRS) has announced plans for a telephone forum to discuss recent guidance on in-plan Roth rollovers for 401(k) and 403(b) plans.

The Internal Revenue Service has issued Revenue Ruling 2011-01, modifying the rules for group trusts.

The Internal Revenue Service has issued Notice 2010-90, which provides a cumulative list of changes in plan qualification requirements.

A federal judge in Massachusetts has thrown out the remaining claim in a stock drop lawsuit against State Street Corp.

In his second attempt to bring suit against a custodian used by a rogue plan administrator, bankruptcy-appointed trustee John C. McLemore is again getting support from the U.S....

The U.S. Department of Labor (DoL) has asked a federal appeals court to overturn a lower court ruling that cleared ING of wrongdoing in a stock-drop lawsuit.

In an Amicus Brief, the U.S. Department of Labor said a court that cleared Home Depot of wrongdoing in a stock drop suit misinterpreted the Employee Retirement Income...

The U.S. Department of Labor is ordering Barstow Truck Parts and Equipment Co. President, James M. Rajacich Sr., to restore $118,249 to the company’s profit-sharing plan.

A new Internal Revenue Service (IRS) procedure (2010-52) details the process by which mutli-employer plans can request a five or 10-year extension of the deadline for amortizing unfunded...

Ex-Lehman Brothers CEO Richard Fuld and other Lehman executives kept their use of Repo 105, a method of financing designed to hide billions of dollars in debt, a...