Compliance

Plan fiduciaries should consider third-party audits, multi-factor authentication, cyber insurance and more when developing a written cybersecurity policy.

In an amicus brief, several advocacy groups expressed concerns that allowing the lawsuit to survive a motion to dismiss would trigger a surge in frivolous litigation.

The committee is again asking the Department of Labor’s Office of Inspector General to look into allegations that the Employee Benefits Security Administration shared confidential plan information with...

The banking giant is the latest company to face litigation over its use of forfeited 401(k) assets.

The court considered split decisions made in lower courts to determine whether plaintiffs must argue more than a ‘prohibited transaction’ has occurred to survive a motion to dismiss.

One of the president’s many executive orders issued Monday caused rules not already published in the Federal Register to be withdrawn.

R.B. Pamplin Corp. used pension fund assets to acquire the company’s own real estate, exceeding limits under ERISA, the DOL found.

Plan sponsors can expect some policy changes and potential litigation reform in 2025, according to experts at T. Rowe Price.

The ERISA Industry Committee is challenging the Departments of Labor, Health and Human Services and Treasury, arguing the final rule oversteps the existing mental health parity law.

The regulator found that the firm did not provide accurate information about the capital gains and tax implications of a change to investment minimums.

The rule would clarify the issue of 'adequate consideration' and replace a pending regulation first offered decades ago.

The Federal Trade Commission found that the big three PBMs have marked up the price of numerous specialty generic drugs, gaining more than $7.3 billion over a five-year...

The complaint accused the engineering and construction firm of defaulting participants into a high-fee option that provided no benefits compared with a target-date fund.

Its 403(b) plan committee was accused of failing to monitor its investment in a stable value investment product offered by Principal.

The department also provided plan fiduciaries with an option to help manage small benefit amounts owed to missing participants.

Relief includes postponed deadlines for 2024 retirement contributions and penalty-free hardship withdrawals for impacted participants.

The agencies proposed guidance on how plan administrators can comply with the Roth catch-up rule that begins in 2026 and, separately, on requirements for auto-enrollment in new plans.

A district court in Texas ruled in favor of a class action complaint alleging that the airline and its benefits committee allowed ESG priorities to outweigh financial returns...

The recordkeeper reported that participant information was exposed in August 2024 due to suspicious email activity.

Participants in the firm’s 401(k) plan had sued the company for its alleged failure to regularly monitor plan investments and remove underperformers.