Tag: ERISA

The head of retirement and investment solutions at Pershing discusses the impact that uncertainty around the fiduciary rule is having on firms and clients throughout the DC plan...

The first of two deadlines has passed for the DOL’s information request about a potential second fiduciary rule delay, but the window is still open for advisers to...

One common mistake plan sponsors make is representing the HSA as part of their employee welfare benefit plan.

The complaint offers alternative actions Sears could have taken once it realized its stock was an imprudent retirement plan investment.

The sweeping Financial CHOICE Act is not the only bill being debated in Congress that would impact the ongoing implementation of the DOL fiduciary rule.

With its publication in the Federal Register, the DOL’s request for information regarding its implementation (or not) of the fiduciary rule is officially open for public comment.

The DOL argues it must not lose its broad authority to regulate the workplace retirement planning market—notwithstanding the fact that it may very well decline to aggressively enforce...

The suit, Barrett vs. Pioneer Natural Resources, was filed in the U.S. District Court for the District of Colorado and calls out the firm’s offering of both stable value...

During a hearing, Acosta claimed that previously the SEC did not work jointly with the DOL on the rule.

According to plaintiffs, the plan’s small size and lack of expertise allowed Nationwide to assess an unreasonable asset-based fee for recordkeeping and administration. 

In a new final rule, the Department of Labor removed its final rules regarding the ERISA safe harbor of government-run plans for private-sector workers.

The underlying lawsuit accused the firm of failing to monitor an affiliate charged with overseeing a stable value fund offered as an investment option in 401(k) plans for...

The FiduciaryShield toolset launched by Redhawk aims to help advisers meet fiduciary responsibilities on behalf of IRA holders.

Two years of litigation and negotiation later, the parties have reached a proposed agreement to settle the class action, valued at $25 million.

The proposed class action suit includes many of the classic claims typically leveled in ERISA stock-drop litigation. 

The first of two ERISA actions filed against Northrop Grumman in a California district court has been resolved, while the second is still pending. 

On Thursday, the House of Representatives passed a bill that would undo much of the Dodd-Frank Act’s regulations and the fiduciary rule.