Compliance

A federal district court found a woman who was repeatedly denied pension benefits of her ex-spouse can now recover those benefits after his death.

The final rule from the DOL scaled back on some requirements, but left others in place.

However, some concerns still linger for some groups.

It will be some time still before the fiduciary rule language is fully digested by retirement plan service providers, but first-impression commentary is already pouring in. 

The final rule ‘defines a variety of investment education activities that fall short of fiduciary conduct.’

April 30 is the deadline for employers using preapproved retirement plan documents to sign an updated version.

In a report to Congress, the agency says the program will likely run out of money by 2025.

The agency has asked an appellate court to reverse a district court’s dismissal of the case.

The suit says misrepresentations about complex investments such as residential mortgage-backed securities contributed to major losses for the nation’s two largest public pension funds.

A federal district court found that Merrill Lynch was not acting as a fiduciary under ERISA.

The DOL and SEC both filed amicus briefs in the long-running case Whitley v BP PLC, an ERISA stock drop lawsuit revived in 2014 in the wake of the...

The California Secure Choice Retirement Savings Program is meant to provide a voluntary, low-risk, auto-enrollment retirement savings plan for many uncovered workers in the state. Can it deliver? 

The Treasury Department and the IRS use the Priority Guidance Plan each year to identify and prioritize the tax issues that should be addressed through published administrative guidance.

A Supreme Court ruling in the case set new standards of pleading for lawsuits against retirement plans that hold on to company stock.

The company ceased all business operations in 2009, but failed to take the appropriate steps to terminate the plan.

A federal appellate court found that the benefit offset used by a defined benefit plan administrator was correct.

Reviewing the case in light of new pleading standards set by the Supreme Court decision in Fifth Third, a court again found participants in a Lehman Brothers retirement...

The final rules modify waivers and information requirements to better balance the burden of reporting with PBGC’s need for information, and to make certain technical changes.

The “education carve-out” is considered by retirement plan providers to be one of the most high-stakes elements of the fiduciary rulemaking effort. 

A federal appellate court did not even consider whether the plan in question was a top hat plan because it found the lawsuit missed the statute of limitations...