Compliance

One day before a midterm recess, the House of Representatives passed legislation to clarify fair market value for stocks purchased or sold by an employee stock ownership plan.

Due dates for certain plan document amendments related to the SECURE and SECURE 2.0 Acts are extended beyond year-end 2026.

According to the ruling, the insurer was under no obligation to use unvested employer plan contributions for participants’ benefit.

Industry leaders, in a Pontera webinar, agrued against recordkeepers restricting participant-chosen advisers online 401(k) account access.

The agency identified network adequacy, medical necessity reviews and treatment exclusions as top enforcement priorities.

Guaranteed lifetime income and collective investment trusts for 403(b) plans are among proposals the Insured Retirement Institute wants added to the Democrats’ priorities.

In a letter, the Democratic senators warned the self-regulator about the growing fraud associated with asset transfers between brokerages.

The complaint claims fiduciaries kept an underperforming fund in the company’s 401(k) plan despite lagging returns and significant outflows of cash.

The Retirement Fairness for Charities and Educational Institutions Act would give 403(b) participants access to investments in collective investment trusts.  

The suit lacks sufficient evidence that AT&T was involved in the selection of Athene, according to a Massachusetts federal magistrate's report.

The ERISA Industry Committee argued that Congress and the Treasury Department have long permitted employers’ use of unvested funds to offset plan expenses.

Differences between physical and mental health services mean ensuring equal care ‘in spaces that can be quite different.’

The Government Accountability Office found that most of the 31 service providers it reviewed did not did follow ‘leading privacy practices.’

The employer advocacy group warned that litigation challenging wellness program incentives could discourage employers from offering health-related premium discounts.

Treasury’s latest guidance answered key compliance questions, advisers say, but employers are now figuring out how to administer the new benefit.

According to the appellate court’s ruling, ERISA plaintiffs do not always need an ‘apples-to-apples’ investment benchmark to demonstrate imprudence.

A Philadelphia judge found Aramark plausibly alleged its health-plan administrator acted as a fiduciary.

A Minnesota federal judge allowed claims of target-date-fund imprudence and self-dealing to proceed, while narrowing other theories.

New program lets employers seek guidance on PBGC insurance coverage before establishing a defined benefit plan.

New guidance would encourage electronic transfers and standardized forms for moving retirement savings between plans.