Compliance

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...

October 17, 2013 (PLANSPONSOR.com) – The U.S. Equal Employment Opportunity Commission (EEOC) has filed a lawsuit against Fannin County, Georgia, alleging that federal law was violated when the...

October 14, 2013 (PLANSPONSOR.com) – Even the best-intentioned auditors may not be familiar with different rules for 403(b)s and 401(k)s regarding the late deposit of deferrals.

October 14, 2013 (PLANSPONSOR.com) – The American Society of Pension Professionals & Actuaries (ASPPA) recommended to the Internal Revenue Service (IRS) that retirement plans be given a transitional...

October 11, 2013 (PLANSPONSOR.com) – A federal court dismissed a case against a retirement plan custodian related to the custodian’s actions following a court order to freeze an...

October 11, 2013 (PLANSPONSOR.com) – The U.S. Supreme Court is set to review arguments about a case relating to age discrimination claims and remedies for federal employees.

October 10, 2013 (PLANSPONSOR.com) – The 2014 Segal Health Plan Cost Trend Survey found the slowest growth in 14 years of forecasts.

October 10, 2013 (PLANSPONSOR.com) – The Securities and Exchange Commission (SEC) proposed a rule requiring public companies to disclose the ratio of their CEO compensation to the median...

October 10, 2013 (PLANSPONSOR.com) – ERISA-governed employee benefit plans will now base spousal eligibility on the validity of the marriage in the state in which the ceremony took...

October 9, 2013 (PLANSPONSOR.com) – A participant in the U.S. Bancorp Pension Plan has filed a class action lawsuit against plan fiduciaries because of their policy and practices with...