Compliance

Participants' loans were paid from TIAA's general account and the firm kept some of the interest participants paid, which the suit says "is the epitome of self-dealing.”

A federal court judge found an amended complaint relied on hindsight to find the stable value fund did not maximize returns, and a new claim that the fund...

Industry experts have opined that if the DOL fiduciary rule is rolled back, it would actually put more pressure, not less, on plan sponsors to ensure they are...

Tax-exempt entities that do not fill out the form could lose qualified status to sponsor 403(b) plans.

A motion to dismiss, claiming that a domestic partner’s claims for benefits as well as a surcharge were duplicative, was denied.

When PBGC launched, the flat rate was $1 per participant; now it stands at $64 per participant, indexed to increase with inflation.

The seminar will increase awareness and understanding about basic fiduciary responsibilities when operating a retirement plan.

A federal court rejected the PBGC’s attempts to recoup termination liabilities from a personal trust and an asset purchaser of the sponsoring plan.

The agency issued a final rule effective January 31.

The central claims in the proposed class action suggest plaintiffs feel they overpaid significantly for advisory services, with the excess payments essentially amounting to kickbacks returned to the...

In a brief filed in the U.S. Supreme Court, several federal agencies argue that their longstanding interpretation of the definition of church plan reflects the natural reading of...

A federal judge denied defendants’ motions in part because the plaintiff’s complaint states viable claims.

Advisers and service providers to defined contribution plans have spent millions of dollars pushing toward compliance with conflict of interest reforms that are now expected to be halted...

An employee at JPMorgan Chase argues the firm's retirement plan fees were not properly controlled and that conflicts of interest damaged performance.

An appellate court said neither party in the case has a serious stake in its outcome anymore, so the statutory issues should be decided by a court in...

The American Benefits Council issued a letter of support for the bill.

A federal court found that no amount of judgements from previous decisions had been satisfied.

The lawsuit calls out Schwab’s use of its own proprietary funds as well as the use of unallocated plan cash.

A direct order from President Trump regarding the fiduciary rule could be forthcoming imminently, and that is likely what it would take for the fiduciary rulemaking to truly...

Even if the DOL fiduciary rule is halted, working in clients' best interest is a "no-brainer," says Joe Ready of Wells Fargo.