Compliance

November 1, 2013 (PLANSPONSOR.com) – A U.S. district court in New York ruled a plaintiff can proceed with a claim for breach of fiduciary duty against his retirement...

October 31, 2013 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) released the cost-of-living adjustments for 2014, which affect dollar limitations for pension plans and other retirement-related items.

October 31, 2013 (PLANSPONSOR.com) – A U.S. district court in California has ordered the restoration of more than $1.6 million to Sunkist Growers Inc. retirement plans.

October 31, 2013 (PLANSPONSOR.com) – A U.S. District Court has reaffirmed its earlier decision to dismiss a stock drop case filed by retirement plan participants.

October 31, 2013 (PLANSPONSOR.com) – The U.S. House of Representatives has approved a bill that would delay issuance of a new definition of fiduciary by the Department of...

October 30, 2013 (PLANSPONSOR.com) – The Social Security Administration (SSA) has announced a 1.5% benefit increase for 2014.

October 30, 2013 (PLANSPONSOR.com) – While attendees of a U.S. House subcommittee hearing agreed that the U.S. multiemployer pension system needs to be improved, they had differing opinions...

October 29, 2013 (PLANSPONSOR.com) – The two-week government shutdown in October delayed the U.S. Department of Labor’s (DOL) work on the fiduciary redefinition, according to Assistant Secretary of...

October 28, 2013 (PLANSPONSOR.com) – The American Society of Pension Professionals & Actuaries (ASPPA) recently made several recommendations to the Internal Revenue Service (IRS) on static mortality tables...

October 25, 2013 (PLANSPONSOR.com) – A Japanese firm that purchased the now-defunct U.S.-based Metaldyne Corporation has been found liable for termination premiums and other obligations stemming from the...

October 25, 2013 (PLANSPONSOR.com) – A district court has decided the Pension Benefit Guaranty Corporation (PBGC) cannot force termination of a pension plan without a court order.

October 23, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) has obtained a consent order for fiduciaries to repay funds to an employee stock ownership plan (ESOP).

October 23, 2013 (PLANSPONSOR.com) – The American Society of Pension Professionals & Actuaries (ASPPA) made several recommendations to the Internal Revenue Service (IRS) about proposed regulations for plan...

October 22, 2013 (PLANSPONSOR.com) - The U.S. Department of Labor has secured a consent judgment with former Santa Monica magazine publisher Twelve Signs Inc. and its president, Richard...

October 21, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) is seeking to replace the fiduciaries of an abandoned retirement plan.

October 21, 2012 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has rescheduled a phone forum that didn’t take place due to the government shutdown.

October 18, 2013 (PLANSPONSOR.com) – A federal district court in California declined to dismiss a lawsuit by a retirement plan participant accused of embezzling whose plan account balance...

October 18, 2013 (PLANSPONSOR.com) – The American Society of Pension Professionals & Actuaries (ASPPA) has asked the Internal Revenue Service (IRS) for clarification on mid-year amendments to safe...

October 18, 2013 (PLANSPONSOR.com) – A federal appellate court found former employees’ reliance on a statement they would be eligible for pension benefits was not reasonable.

October 17, 2013 (PLANSPONSOR.com) – The industry-wide focus on improving fee transparency and reasonability has not significantly reduced litigation risks for plan sponsors and others acting as retirement...