Compliance

The DOL disagreed with Foot Locker’s argument that each participant must show he or she detrimentally relied on Foot Locker's misrepresentations in order to obtain equitable relief.

A federal appellate court has determined that retirement plan participants’ equitable relief claims under ERISA are not duplicative of their benefit claims.

The high court ruling regards establishing whether a plaintiff has alleged a ‘concrete’ injury.

Count employer stock purchases within ESOPs among the activities receiving significant scrutiny from participants, regulators and litigators. 

A lawsuit accuses Fidelity of receiving “kickbacks” from Financial Engines and leading retirement plan participants that use its SDBA option to purchase higher-priced investments.

The case is one of many that challenge the status of a health care organizations’ pension plan.

A letter to the IRS notes that it is rare for a DC retirement plan to offer a QLAC option directly.

A Minnesota collision shop is being sued regarding its 114-participant 401(k) plan.

The high court disagreed with the dismissal of certain plaintiffs’ claims for lack of standing.

Those in the retirement plan industry hoping for a slowdown in ERISA-based lawsuits will be disappointed to read of a new complaint against BB&T Corporation. 

An IRS webcast revealed common universal availability rule errors found by the IRS, and discussed rule provisions, as well as how to avoid and fix errors.

The agency is seeking nearly $250,000 for 401(k) plan participants.

The DOL accused John Koresko V and other defendants of siphoning money from death benefit plans.

The regulations remove the allocation rule for disbursements from designated Roth retirement accounts to multiple destinations.

Several provisions of the final rules are similar to those of the proposed rules.

Participants in M&T Bank retirement plans accuse the company of unfairly promoting its own mutual funds at the expense of plan performance.

The two rules are designed to protect employees’ confidentiality and ensure that workplace wellness programs promote good health.

The federal appellate court’s opinion turned on when to assess common control among employers.

Among other things, the court found Herbert C. Bruister fired the ESOP’s counsel for being “too thorough,” and caused his personal lawyer to influence an appraiser’s valuations to...

The American Benefits Council is asking for more time before the IRS imposes new mortality assumptions on defined benefit plans.