Compliance

As lawsuits mount and regulations evolve, experts urge plan sponsors to focus less on predicting markets and more on documenting disciplined decisionmaking.

BlackRock and State Street were also accused of similar actions and have not settled to date.

As regulators prepare guidance, experts say ERISA’s prudence standard remains—but process, documentation and expertise matter more than ever.

ERISA experts caution that while delegating duties to outside providers can add expertise and help with the workload, plan sponsors still have a duty to monitor.

Federal courts have described the ERISA fiduciary standard as ‘the highest known to law.’

Four New York City pension funds will drop their complaint after AT&T agreed to allow its shareholders to vote on workforce demographic disclosures at its annual meeting.

Uncashed checks carry fiduciary and regulatory implications, a Retirement Clearinghouse article warned.

The proposed initiative appears similar to the Saver’s Match established by SECURE 2.0.

The number of workforce cooperatives more than doubled over the same period.

Plan administrators would have to mail at least one paper benefit statement each year, update e-delivery rules and absorb new compliance costs.

According to the agency, enforcement will instead begin at least 6 months after final regulations are issued in the Federal Register.

Speakers discussed how plan sponsors can evaluate potential recordkeepers, investment managers and advisers.

The plaintiff claims retirement plan fiduciaries ignored years of underperformance, costing workers millions of dollars. 

Employers, retirement firms and investment managers urged clearer rules as the Department of the Treasury establishes regulations for federally backed starter savings accounts.

The sides are seeking preliminary approval after years of litigation related to plan fees and investment options.

The ruling clarified ERISA withdrawal liability rules after a union switch, resolving a statutory interpretation dispute.

Despite 67 forfeiture complaints filed in the past two years, settlements remain rare.

Speakers discussed who qualifies as a retirement plan fiduciary and what fiduciary duties entail.

Four city pension funds sue AT&T, seeking a court order to require a shareholder vote on workforce demographic disclosures at the 2026 annual meeting.

The court granted a motion from both parties to delay the hearing until the court’s October term.