Compliance

June 17, 2014 (PLANSPONSOR.com) – Two U.S. Senators have introduced the Retirement and Income Security (RAISE) Act.

June 16, 2014 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) announced an enforcement transition period for the Foreign Account Tax Compliance Act (FATCA).

June 16, 2014 (PLANSPONSOR.com) – The Governmental Accounting Standards Board (GASB) has released exposure drafts on other post-employment benefits (OPEB).

June 16, 2014 (PLANSPONSOR.com) – The Financial Industry Regulatory Authority (FINRA) fined Merrill Lynch $8 million for failing to waive mutual fund sales charges for certain charities and...

June 16, 2014 (PLANSPONSOR.com) – In a report sent to Congress and the Department of Labor, the Massachusetts Securities Division (MSD) is asking for improved disclosures to retirement...

June 13, 2014 (PLANSPONSOR.com) – The Supreme Court of the United States (SCOTUS) upheld a lower court’s determination that inherited individual retirement accounts (IRAs) do not share the...

June 12, 2014 (PLANSPONSOR.com) - A final judgment was entered against Saul Meyer in the enforcement action that arose from New York’s retirement fund corruption scandal.

June 11, 2014 (PLANSPONSOR.com) – From excluding large plans to asking for wording that would prompt consultation with the plan adviser, organizations are petitioning...

June 10, 2014 (PLANSPONSOR.com) – A ruling by a federal bankruptcy court may set a precedent for various agencies to exit the Kentucky Retirement System (KRS), news reports...

June 10, 2014 (PLANSPONSOR.com) – An upcoming phone forum hosted by the Internal Revenue Service (IRS) will cover updates to retirement plans to reflect the agency's guidance regarding...

June 9, 2014 (PLANSPONSOR.com) - The Department of Labor (DOL) has increased full-scope audits of retirement plans, said Lisa Barton, a partner with Morgan, Lewis & Bockius.

June 9, 2014 (PLANSPONSOR.com) – Several industry groups have expressed concern about the Pension Benefit Guaranty Corporation’s (PBGC) enforcement approach with companies that have operations shut down.

June 6, 2014 (PLANSPONSOR.com) – The Department of Labor (DOL) has filed a lawsuit to recover 401(k) plan assets mismanaged by a lumber company in Kennett Square, Pennsylvania.

June 6, 2014 (PLANSPONSOR.com) - At the close of the 2014 PLANSPONSOR National Conference five items rose to the top from the content covered during the conference that...

June 5, 2014 (PLANSPONSOR.com) - A federal appellate court ruled Morgan Stanley & Co. and its CEO were not acting in a fiduciary capacity when deciding to make...

June 4, 2014 (PLANSPONSOR.com) – The Department of Labor (DOL) reached a $5.25 million settlement with GreatBanc Trust Co., resolving allegations the Lisle, Illinois-based company violated the Employee...

June 3, 2014 (PLANSPONSOR.com) – The Department of Labor (DOL) will be holding a seminar in Santa Fe, New Mexico, on complying with laws about health plans.

June 2, 2014 (PLANSPONSOR.com) – “I think the retirement crisis is beyond a crisis,” says U.S. Representative Reid Ribble (R-Wisconsin).

June 2, 2014 (PLANSPONSOR.com) – Target-date funds (TDFs) are again put in the Department of Labor (DOL) spotlight for comments. Widely held in retirement accounts, TDFs may not...

May 30, 2014 (PLANSPONSOR.com) – When it comes to qualified domestic relations orders (QDROs), plan sponsors and recordkeepers need to head off potential issues before they become larger...