Compliance

An appellate court found State Street’s process to review the GM stock investment was prudent.

The Internal Revenue Service is implementing new market rate of return rules for hybrid pension plans.

However, in a statement of non-opposition filed with the court, Novant said it disagrees with the claims.

Congressional representatives seek to protect retirement investors and stall DOL fiduciary rule.

BP has won dismissal of several claims that it failed to monitor fiduciaries who oversaw company stock investments in its retirement plans.

PLANSPONSOR reached out to Marcia Wagner, principle with Wagner Law Group in Boston, for comments about the case.

A New York Congresswoman's bill would require more disclosure about hedge fund holdings.

 

The retirement planning industry already knew Boeing would settle the nearly decade-old 401(k) litigation, but a trove of new details emerged this week as both parties agreed to...

Employees can set up payroll deductions to fund their “my Retirement Account.”

Participants in an ESOP that purchased shares with a loan from the sponsoring employer made allegations that were not backed by evidence, a court found.

The lawsuit also hints that certain “best practices,” in part, resulted in many participants being improperly invested.

Previous proposed rules address wellness incentive issues under the Americans with Disabilities Act and not under the Genetic Information Nondiscrimination Act.

The Bipartisan Budget Act of 2015 includes a repeal of an ACA provision and extension of pension funding relief, among other items.

The Retail Investor Protection Act is likely to be vetoed by the White House.

Senator Elizabeth Warren issued a report about collusion between the annuity and advisory industries that is nothing short of scathing.

The increase in the single-employer rate was provided in The Bipartisan Budget Act of 2013.

A construction company ceased operations in 2013 and has not paid 401(k) participants their plan assets, according to a lawsuit.

James E. Turpin, with The Turpin Consulting Group, has one concern with the submitted document he’s seen.

While introducing new guidance, Labor Secretary Thomas Perez told reporters ESG-based investing no longer has “the cooties” from an ERISA perspective.

The IRS announced it will not adjust most current contribution limitations for qualified retirement plans heading into tax year 2016, though some retirement-related tax breaks and other items...