Compliance

Supporters of the NAIC annuity transaction suitability model say a fiduciary-only approach to annuity purchase advice would limit consumer choice—a claim its opponents dispute.

The plan will automatically convert savers’ assets to a monthly paycheck at retirement unless they opt out of doing so.

While not a regulator, the Certified Financial Planner Board of Standards still keeps a close eye on its members’ conduct, and it has recently ordered sanctions against nearly...

The rule would require the reporting of certain material terms of those loans to a registered national securities association, which would then make information available to the public.

The allegations in the new lawsuit are familiar, suggesting the plan fiduciaries permitted the payment of excessive recordkeeping and investment...

The RISE Act would increase automatic cashout limits, enable employers to offer small financial incentives for retirement plan participation and...

However, the judge has granted the plaintiffs leave to amend the ERISA complaint.

The agency says the net positive position for its multiemployer plan program is thanks to the American Rescue Plan Act (ARPA).

The securities market regulator is keeping a close eye on registered investment advisers, especially when it comes to their provision...

The suit against fiduciaries of a Huntington Ingalls Industries pension plan has reached a settlement that includes a $2.8 million payment.

The defendants will also retain an independent consultant to review investments and fees, according to the settlement agreement.

Fiduciaries of the grocery chain’s 401(k) plan are accused of allowing unreasonably high fees for recordkeeping services and failing to...

Retirement plan fiduciaries often rely on their service providers to create the electronic systems used to maintain participant data and conduct electronic transactions involving plan assets—so the Department...

The IRS has announced 2022 retirement plan contribution and benefit limits.

An updated Issue Snapshot reflects changes made by the Bipartisan Budget Act of 2018 and subsequent IRS regulations.

A Department of Labor lawsuit says the fiduciaries allowed the ESOP's ownership shares to be sold for less than market...

The audit and tax advisory firm is accused of permitting the payment of excessive investment and administrative fees within its...