Compliance

It is not always possible, even for the most carefully run retirement plans, to avoid getting dragged into ERISA litigation, and so having a clear response plan in...

The Department of Labor is still looking for ways to streamline and improve its new fiduciary rule, even though most provisions are now in effect.

Plan sponsors that adopt a 403(b) preapproved plan by the end of the remedial amendment period will be deemed to satisfy the 2007 final regulations.

On Thursday, the House of Representatives passed a bill that would undo much of the Dodd-Frank Act’s regulations and the fiduciary rule.

What errors do plan sponsors make most often, and what programs are available to fix them?

Top ERISA attorneys give their best predictions about how tax reform, open MEPs, fiduciary rulemaking and other regulatory and legislative matters will evolve under Republican leadership.

Looking at the definition of “church plan” in ERISA, the high court concluded that a plan maintained by a principal-purpose organization qualifies as a “church plan,” regardless of...

A federal judge found plaintiffs failed to correct deficiencies in their original complaint, and a new claim of conflicts-of-interest was unsupported by facts.

The new SEC Chair is calling on retirement industry stakeholders to weigh in on whether the DOL fiduciary rule is helpful or harmful.

A U.S. District Court Judge agreed with Wells Fargo that allegations that the bank breached its fiduciary duty by continuing to invest in its own TDFs when better-performing...

The DOL notes that complying with all fiduciary responsibilities can be especially challenging for small and medium-sized employers who have limited time, resources and access to professional help...

The lawsuit charges that the crediting rate United of Omaha set for guaranteed investment contracts allowed it to receive excessive compensation.

The plan sponsor is accused of failing to leverage its size and sophistication to ensure a fair deal on recordkeeping for plan participants, among other claims. 

Plan sponsors are reminded of the rule's provisions regarding education.

The university is accused of not negotiating a better price for recordkeeping and retaining high cost, underperforming investments, among other things.

Providers will have to begin complying with provisions of the new DOL fiduciary rule starting June 9, 2017. 

One experienced benefits attorney says he has seen employee stock ownership plans do a whole lot of good for a lot of people during the course of his...

The lawsuit claims FedEx did not apply the formula for calculating pension benefits that USERRA requires for military-member employees whose compensation is “not reasonably certain.”

The DOL fiduciary rule, the rollback of an ERISA safe harbor for state-run plans and the new health care law were mentioned by witnesses in a House Subcommittee...

According to the lawsuit, the company informed a candidate that it did not hire him because it was seeking a candidate who could "maximize longevity."