Compliance

July 31, 2012 (PLANSPONSOR.com) - It is up to a plan’s investment committee to determine whether the cost of reimbursing revenue-sharing fees to each participant is effective—or prohibitive.

July 31, 2012 (PLANSPONSOR.com) - Plan fiduciaries will hopefully find relief in new guidance about participant fee disclosures for brokerage windows—but experts say concerns loom for brokerage window-only...

July 31, 2012 (PLANSPONSOR.com) - Industry groups are urging a federal appellate court to uphold a ruling for judicial deference to a plan administrator in interpreting a plan under...

July 30, 2012 (PLANSPONSOR.com) - The U.S. Department of Labor's Employee Benefits Security Administration issued Field Assistance Bulletin (FAB) No. 2012-02R, which supersedes Field Assistance Bulletin No. 2012-02.

July 30, 2012 (PLANSPONSOR.com) – Employee Retirement Income Security Act (ERISA) retirement plans will have more time to comply with new rules concerning swaps.  

July 27, 2012 (PLANSPONSOR.com) - A district court said those who invested funds through ERISA-regulated plans with Bernard L. Madoff Investment Securities LLC are ineligible to recover funds...

July 26, 2012 (PLANSPONSOR.com) - The Department of Labor (DOL) is suing the former CEO of a New Jersey paving company, saying he sold stock to his company’s...

July 25, 2012 (PLANSPONSOR.com) – Two industry groups have expressed concern that the Internal Revenue Service’s new proposed definition of a governmental plan would adversely impact charter school...

July 25, 2012 (PLANSPONSOR.com) – The New Jersey Supreme Court ruled that it is unconstitutional to require sitting judges to pay more of their salary toward their retirement...

July 24, 2012 (PLANSPONSOR.com) - Coventry Health Care Inc. has been accused of breaching its fiduciary duties under the Employee Retirement Income Security Act (ERISA).

July 20, 2012 (PLANSPONSOR.com) - A U.S. district court judge ordered a Hawaii health care services company to pay $193,236 to a woman who was allegedly fired due to...

July 20, 2012 (PLANSPONSOR.com) – The U.S. Department of Labor (DOL) is holding a free women’s retirement savings forum at the University of Illinois – Chicago.

July 18, 2012 (PLANSPONSOR.com) - The U.S. Department of Labor's Employee Benefits Security Administration (EBSA) announced improved procedures for plan sponsors who wish to obtain fiduciary relief for...

July 18, 2012 (PLANSPONSOR.com) - A federal judge has ordered the president of Columbus-based Clark Graphics, Mary Clark, to restore $505,551.46 to the company’s two employee retirement plans.

July 17, 2012 (PLANSPONSOR.com) - After a 2 1/2-year review, the Pension Benefit Guaranty Corporation (PBGC) has agreed to assume administration of the underfunded pension plan for the...

July 17, 2012 (PLANSPONSOR.com) – If 403(b) plan sponsors want to stay compliant with Internal Revenue Service (IRS) regulations, one thing they must know is portability rules.

July 16, 2012 (PLANSPONSOR.com) – A federal appellate court has found a life insurance and accidental death & dismemberment plan participant can recover more than just premiums withheld...

July 13, 2012 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has made it very clear that it will look for information sharing between 403(b) plan sponsors and vendors...

July 12, 2012 (PLANSPONSOR.com) - A federal judge in Chicago has signed a consent order to resolve a lawsuit between the U.S. Department of Labor (DOL) and the...

July 12, 2012 (PLANSPONSOR.com) - During the American Society of Pension Professionals & Actuaries’ Northeast Area Benefits Conference, speakers reviewed common administrative filing and Voluntary Correction Program (VCP)...