Compliance

Compliance |

SCOTUS Takes Up Presumption of Prudence Issue

December 16, 2013 (PLANSPONSOR.com) — The U.S. Supreme Court has agreed to hear a case raising fiduciary issues and questions about what constitutes prudent investment decisionmaking within employee...
Compliance |

Court Weighs In on Church Plan Issue

December 16, 2013 (PLANSPONSOR.com) – A federal court has refused to dismiss a lawsuit claiming an employer’s pension plan is not a “church plan” under the Employee Retirement...
Compliance |

IRS Issues 2013 Cumulative List

December 12, 2013 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has issued the 2013 Cumulative List of Changes in Plan Qualification Requirements (2013 Cumulative List).
Compliance |

Industry Groups Join Forces on Spouse Rule

December 11, 2013 (PLANSPONSOR.com) – Retirement industry advocacy groups are urging the Treasury Department to ensure same-gender spouse rule changes will not apply retroactively for qualified retirement plans.
Compliance |

Mass. Pension Board Wins $265M Fraud Settlement

December 10, 2013 (PLANSPONSOR.com) – The Commonwealth of Massachusetts Pension Reserves Investment Board (MA PRIM) won a $265 million cash settlement to resolve securities fraud claims against Massey Energy...
Compliance |

DOL Coming to New York City

December 9, 2013 (PLANSPONSOR.com) – Plan sponsors can get their fiduciary responsibility questions answered during a Department of Labor (DOL) seminar in New York City.
Compliance |

ASPPA Urges Simplicity for Same-Gender Rules

December 4, 2013 (PLANSPONSOR.com) – The American Society of Pension Professionals and Actuaries (ASPPA) is petitioning regulators for easy-to-apply guidance to add same-gender spouses to qualified retirement plans.
Compliance |

PBGC Revises Retirement Age Table

December 3, 2013 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) updated the expected retirement age table used to compute benefit values for distressed pension plans facing involuntary...
Compliance |

HHS to Extend SHOP Enrollment Deadline

December 2, 2013 (PLANSPONSOR.com) – The U.S. Department of Health and Human Services (HHS) is extending the enrollment deadline for the federally facilitated Small Business Health Options Program...