Compliance

The core of the plaintiffs’ claims relate to the use of American Beacon Funds in the plan, which were created by AMR Corp., American Airlines’ parent company and...

Industry advocates and businesses have formed a coalition with the mission to expand Americans’ access to retirement plans and to protect its current tax incentives.

Their “Retirement Ripoff Counter” shows that without the protections of the fiduciary rule, investors are losing $1.9 million an hour, $46 million a day—and $17 billion a year.

EBRI has joined the Bipartisan Policy Center in calling for a national, private-sector clearinghouse that could seamlessly handle rollovers from one plan to another.

Nearly three-quarters handle five or fewer retirement plan audits a year, and this can lead to costly errors.

The Department is making the move in response to the Trump memorandum.

A court found the plaintiff in the case had actual knowledge of the facts comprising his claims more than three years before he filed suit.

The lawsuit also calls out the plan’s default investment fund for having high fees and performing poorly.

The restaurant chain allegedly denied specific positions to applicants ages 40 years and older from 2007 to 2014. 

The House of Representatives has already passed similar resolutions.

Experts warn that plan sponsors may face their own set of challenges if and when the DOL fiduciary rule is overturned by the new administration. 

The bulk of the oral arguments focused on the definition of a church plan set forth in Section 3(33) of ERISA and whether deference should be given to...

One ERISA industry advocate directly engaged with members of Congress says he expects more proposals to emerge from Republicans seeking to “significantly alter our retirement system,” most likely...

The IRS is asking for suggestions for a presentation on minimum present value requirements for DB plans.

The only motion to dismiss by the defendants that the court granted concerned a claim that the 401(k) plan should have offered a stable value fund instead of...

A district court judge in Colorado has sided with the recommendation made by a magistrate judge, ruling that plaintiffs have sufficiently stated a claim in an ERISA lawsuit...

Under the proposed bill, to file an aggregated Form 5500, the retirement plans would need to have the same trustee, fiduciary, plan administrator, plan year and investment menu.

An appellate court found 403(b) plan participants were questioning the legality of a plan amendment, which it said is for courts to decide.

The Insured Retirement Institute says it will call on Congress and the Trump Administration to support greater access to workplace retirement plans and simplified lifetime-income products.

Plaintiffs originally filed their cash balance plan lawsuit in 2004, claiming the way their employer created a cash balance plan by essentially transforming an existing 401(k) represented impermissible...