Compliance

The list of regulatory and legislative challenges affecting employers and their retirement plan consultants can seem endless, and when linked to the increasing litigation from the plaintiffs’ bar,...

In a statement, ERIC said it is pleased the agency took into account its request for flexibility for DB plan sponsors to potentially delay for one year the...

The complaint states that Johns Hopkins has not prudently managed its 403(b) plan, but a district court judge disagrees, at least on several aspects of the complaint.

The participant only prevailed in moving forward a claim that Verizon allowed an imprudent investment option to continue to be offered in its retirement plans.

A technical update provides an alternative method for determining whether reporting an attrition event to the PBGC is required.

A sentencing memorandum for Kelley cites many letters from friends, family and former co-workers attesting to “a life otherwise characterized by a deep devotion to her family, friends...

The agency is proposing that termination forms may be filed electronically and that plan sponsors be offered a pre-filing consultation.

The court basically decided Fidelity was not the fiduciary responsible for choosing to provide the advice and SDBA offerings to participants.

401(k) participants claim GE retained underperforming proprietary funds in the plan so that its asset management arm could earn significant profits.

Last year, the IRS updated the comprehensive system of correction programs for sponsors of retirement plans.

Generally, the overall effective date for 403(b) pre-approved plans are plan years beginning on or after January 1, 2010, but this raises issues for certain plan sponsors.

Research from the NIRS found millions of low- to moderate-income individuals have been unable to use the credit because they lack access to a qualified retirement plan.

The relief applies to PBGC premiums, single-employer plan terminations, reportable event notices, annual employer reporting, requests for reconsideration or appeals and multiemployer plan deadlines.

An excessive fee lawsuit has been filed against fiduciaries of the Novitex Enterprise Solutions Retirement Savings Plan, a 401(k) plan which had more than $157 million in assets...

A federal district court ruled the plaintiffs did not meet all the pleading standards set forth by the U.S. Supreme Court.

A federal court judge basically found many of the allegations stated normal business practices and the plaintiff did not offer enough arguments to support her claims.

The EEOC's district director in Chicago, says, "Our investigation revealed Mr. Rascher was fully cleared to return to work, but that S&C insisted he 'retire' instead."

The complaint states that Gucci America was “particularly egregious” in regards to offering proprietary funds from its service provider Transamerica.

The court granted summary judgment to the plaintiffs and ordered their benefits be paid along with prejudgment interest.

Participants allege the company should have allowed a single recordkeeper to service its traditional DC plan and its 403(b) plan—and that it permitted excessive fees by paying for...