Compliance

The proposed rule focuses on limiting incentives, protecting against discrimination and protecting privacy.

Reading media reports about how the DOL’s new fiduciary investment advice proposal will affect adviser practices, plan sponsors may be asking, ‘What does it mean for us and...

A study by the DOL has alerted the AICPA to some issues with retirement plan financial audits.

The DOL’s release of the reworded fiduciary proposal was a critical event for the retirement industry—so there was no shortage of either positive or negative commentary.

Recognizing that the fiduciary standard applies to a myriad of highly specific circumstances, the DOL tried with its new proposal not to disrupt relationships between retirement plan advisers...

The Department of Labor has shared long-awaited rule language that will fundamentally impact the way plan sponsors work with plan advisers, touching off a strong industry provider response.

New rule language outlined by the Department of Labor will increase the number of advisers and brokers required to act as fiduciaries for investment clients.

Legislation in the New York State Senate and Assembly would provide protections and new disclosures for retirees whose pension assets and accrued benefits are sold or transferred by...

Witnesses at two U.S. House committee hearings discussed provisions of the ACA that are causing problems for employers.

After years of waiting, the retirement plan industry will later today see a revised “consumer protection proposal” from the Department of Labor that some expect to redefine ERISA’s...

Despite enormous industry attention paid to the case, some attorneys say a pending Supreme Court decision in the Tibble vs. Edison retirement plan fee litigation may not be...

LandAmerica Financial Group will pay $5 million to settle claims it held company stock in its 401(k) plan when it was imprudent to do so.

A lawsuit filed by the EEOC accuses a school in Wisconsin of firing an employee after learning he was previously retired.

The Employee Benefits Security Administration announced locations, dates and registration information for a series of fiduciary responsibility seminars.

The state’s highest court has agreed to weigh in on whether New Jersey must make its promised payments.

The IRS encourages plan sponsors to include completed reference lists with determination letter applications.

If a U.S. retirement plan makes distributions to foreign persons, it must generally withhold 30% of the payment for federal income tax.

The DOL sued retirement plan fiduciaries in Connecticut for failing to forward contributions and loan repayments withheld from participants’ paychecks as required by ERISA.

New safe harbor correction methods related to automatic enrollment features in defined contribution plans are being implemented by the Internal Revenue Service.

If approved, a proposed settlement will end litigation from six challenges that arose from changes made to Rhode Islands’ public pension systems in the wake of the financial...