Tag: Fiduciary

The IRS revealed Form 5500 errors it found during various compliance projects, which could cause a plan to be selected for a compliance check.

Learning about fiduciary best practices can help financial advisers build client trust and raise assets, according to a survey by fi360.

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...

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 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...

The Department of Labor’s Employee Benefits Security Administration says it restored over $599.7 million to employee benefit plans and participants last year.

A lawsuit claims fiduciaries to Avon Products defined contribution plan violated their duties to participants by...

A new paper from TIAA-CREF outlines a process for evaluating the reasonableness of retirement plan fees.

For plan sponsors with more than 100 participants, one the most important fiduciary duties is to ensure the plan receives a quality and independent annual financial review.

Continuing an annual tradition, consulting firm Mercer has compiled a list of the top 10 recommended steps that defined contribution plans should take over the next year.

QBI, a provider of administration and consulting services for qualified retirement plans, launched a new service providing 3(16) fiduciary support to plan sponsors.

After 13 years and a number of court opinions, all granting relief in the plaintiff’s favor,...

An updated page on the IRS website shares what records retirement plan sponsors should keep and for how long.

The Department of Labor wants to request new industry input and create focus groups about the...

The Plan Sponsor Council of America (PSCA) re-launched its online ERISA Fiduciary Training Program.

Credit Suisse AG has received temporary approval to continue acting as a qualified professional asset manager (QPAM), after pleading guilty to criminal charges related to client tax evasion.

The owner of Bruister and Associates and trustees of its employee stock ownership plans (ESOPs) were found responsible for causing the plan to pay too much for employer...

Michael Woomer is among the chorus of retirement plan professionals telling plan sponsors that managing fiduciary risk is about having processes in place.

With 25 years in the investment industry, Tim McCabe has participated firsthand in the dramatic rise of the defined contribution retirement system.