SEC Adopts Money Market Fund Reform Rules
July 23, 2014 (PLANSPONSOR.com) – New Securities and Exchange Commission (SEC) rule amendments establish structural and operational reforms aimed at addressing “run risks” in money market funds.
Compliance
Caveat Sponsor: Choose Share Classes Wisely
July 22, 2014 (PLANSPONSOR.com) – Choosing the right share class needs careful consideration as the Department of Labor (DOL) is paying more attention to investment menu options.
New Law Outlines Training for CalPERS Board Members
July 21, 2014 (PLANSPONSOR.com) – A new state law calls for members of the California Public Employees' Retirement System (CalPERS) board of administration to receive investment-related training.
Appeals Court Revives BP Stock Drop Suit
July 16, 2014 (PLANSPONSOR.com) – A federal appeals court has revived a stock drop case, filed against oil company BP Plc, based on a new precedent set by...
How Tax Reform Could Affect Retirement Plans
July 15, 2014 (PLANSPONSOR.com) – Several proposed tax reforms would restructure how retirement vehicles are taxed and could negatively impact retirement plans in a number of ways.
IRS to Discuss ACA and Government Employers
July 14, 2014 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) will be presenting a free webinar about the impact of new health care benefits law on state and...
Plan Administration for Employees Who Serve in the Military
July 14, 2014 (PLANSPONSOR.com) – Retirement plan sponsors should become familiar with laws covering employees who have served, or are serving, in the military to ensure compliance with...
Industry Responses Vary on TDF Disclosure Proposals
July 11, 2014 (PLANSPONSOR.com) – About 30 investment firms and other parties responded to the Securities and Exchange Commission’s latest call for comments about a still-pending 2010 proposal...
Tips for Fielding Lost Participant Claims
July 9, 2014 (PLANSPONSOR.com) – “You can’t guarantee yourself a win,” says employee benefits lawyer David Weiner, describing claims appeals and litigation involving missing retirement plan participants, “but...
Details About the Proposed 408(b)(2) Fee Guide
July 9, 2014 (PLANSPONSOR.com) – The Department of Labor (DOL) wants to ensure that plan fiduciaries fully understand fee information they receive.
IRS Reschedules Same-Gender Benefits Discussion
July 9, 2014 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has moved back the date of a phone forum on same-gender couples and retirement plans to July 17.
PBGC Puts Hold on Shutdown Enforcement
July 8, 2014 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation announced a moratorium, until the end of 2014, on the enforcement of 4062(e) cases.
Maintaining Non-ERISA 403(b) Status
July 8, 2014 (PLANSPONSOR.com) – Internal Revenue Service (IRS) regulations requiring more oversight for 403(b) plans make it harder for those plan sponsors that want to maintain non-ERISA...
Insights into 403(b) Compliance
July 8, 2014 (PLANSPONSOR.com) – Changes to rules for employer-sponsored retirement plans are established with regularity, and sometimes it is hard to determine what regulators have in mind...
GAO Recommends Changes to Form 5500
July 7, 2014 (PLANSPONSOR.com) – The Government Accountability Office (GAO) is recommending that regulators consider modifying Form 5500 plan investment and service provider fee information.
Health Plan to Repay Clients Over Undisclosed Fees
July 7, 2014 (PLANSPONSOR.com) – A group health plan will repay clients for failing to disclose fees to them.
Pre-Approved 403(b) Document Program Furthers Uniformity
July 3, 2014 (PLANSPONSOR.com) - 403(b) plan documents currently may be presented in a myriad of forms, but pre-approved prototype plans are coming, which will provide some uniformity,...
Same-Gender Partnerships Now Marriages in Washington State
July 2, 2014 (PLANSPONSOR.com) – In Washington State, same-sex domestic partnerships were automatically converted to marriages as of June 30.
Final Rules Seek to Expand In-Plan Longevity Annuity Access
July 1, 2014 (PLANSPONSOR.com) – The U.S. Department of the Treasury issued final rules regarding longevity annuities—aimed at bringing more flexibility to retirement savers using the fixed-income vehicles...
PBGC Foresees Increased Risks to Multiemployer Plans
June 30, 2014 (PLANSPONSOR.com) – While single-employer retirement plans are likely to improve over the next decade, the same cannot be said for multiemployer plans, the Pension Benefit...