Compliance

The agency is inviting public comment on the proposed exemption and encourages additional proposals.

At an event marking the milestone for the 401(k), attendees were very optimistic about the future opportunities for the plan and surrounding industry. 

In a mixed ruling, the court again leaves room for re-pleading of the plaintiffs’ failed arguments, making the filing of a third amended complaint likely before any allegations...

ICI draws the conclusion that this system means fund shareholders are paying higher costs than is strictly necessary.

The lawsuit alleged that the company selected high-cost proprietary investment products offered and managed by Jackson National and its affiliates on the plan’s menu of investment options, allowing...

The contribution limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan is increased from $18,500 to $19,000.

The question for the Supreme Court is whether the plaintiff or the defendant bears the burden of proof on loss causation under Employee Retirement Income Security Act (ERISA)...

The DOL relief relates to plan loans and distributions, remittance of contributions and blackout period notices.

The New York State Common Retirement Fund and the New York State Teachers Retirement System hold Exxon shares with a combined value of approximately $1.5 billion, and a...

Industry stakeholders disappointed the proposal does not address open MEPs can take heart in the fact that DOL staff are calling for commentary on ways the proposal could...

The co-owners of Vantage Benefits Administrators misappropriated funds from at least 1,000 plan participants in at least 20 employers’ retirement plans, prosecutors say.

John Barkett, senior director of policy affairs at Willis Towers Watson, explains that HRAs have to be connected to a group health plan, with some exceptions for retirees....

The plan’s sole fiduciary and trustee has agreed to restore pension assets that, according to an EBSA investigation, were improperly directed to operating expenses and illegal personal loans.

Looking at the definition of ‘retirement funds,’ an appellate court found an ex-husband’s argument that 401(k) and IRA assets still in the ex-wife’s name represent marital property that...

Some disclosure requirements are removed from Subtopic 715-20, Compensation—Retirement Benefits—Defined Benefit Plans—General, and some requirements are added.

These plans allow small businesses within a business group or association to join together to offer defined contribution retirement savings benefits.

The case already made it once to the Supreme Court which helped to clarify what it means to be a “church plan” run by a principal-purpose organization under...

Both the DOL and SEC have a September 2019 date for a final action on corresponding fiduciary and best interest rules—could they be collaborating?

Commissioner Stein also encouraged the SEC to implement “mandatory periodic disclosures about the value of investors’ 401(k) accounts to show how much income will likely be generated in...

If the DOL’s proposal closely follows President Trump’s executive orders, it is likely to revise the “common nexus” and “one bad apple” rules that have held back open...