Compliance

June 18, 2012 (PLANSPONSOR.com) – The former CEO of a defunct Southern California electrical contractor has agreed to restore more than a half-million dollars in 401(k) funds to...

June 18, 2012 (PLANSPONSOR.com) – A federal bankruptcy judge has issued a tentative ruling in favor of dismissing the bankruptcy case of the Northern Mariana Islands Retirement Fund.

June 18, 2012 (PLANSPONSOR.com) – A bankruptcy trustee has standing to sue the custodian of 401(k) plan assets from which a plan administrator embezzled, but the custodian is...

June 15, 2012 (PLANSPONSOR.com) – An employer’s benefits committee abused its discretion when it eliminated an early retirement supplemental payment from retirees’ benefits.

June 15, 2012 (PLANSPONSOR.com) – At the recent PLANSPONSOR National Conference, an adviser shared fiduciary best practices for 403(b) plans.

June 15, 2012 (PLANSPONSOR.com) - Monika Templeman, Director of Employee Plans Examinations at the Internal Revenue Service (IRS), discussed the temporary guidance the agency has given to examination...

June 14, 2012 (PLANSPONSOR.com) – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) is offering a COBRA workshop in Seattle.

June 14, 2012 (PLANSPONSOR.com) - American Benefits Council (ABC) President James A. Klein urged swift enactment of legislation to stabilize pension plan funding.

June 14, 2012 (PLANSPONSOR.com) – The American Benefits Council (ABC) does not support employer mandates for providing retirement income in a defined contribution (DC) plan system.

June 13, 2012 (PLANSPONSOR.com) – A federal district court has found employee stock ownership plan (ESOP) fiduciaries “abused their discretion by following the plan’s directions.”

June 12, 2012 (PLANSPONSOR.com) – Distinguishing between education and advice is among the most difficult issues when updating the definition of fiduciary, according to a Department of Labor...

June 12, 2012 (PLANSPONSOR.com) - The co-founder and director of the defunct Elmhurst, Illinois-based investment management company Results One Financial LLC has been ordered to restore $1,211,902.25 to...

June 11, 2012 (PLANSPONSOR.com) – Witnesses at a House of Representatives committee hearing told lawmakers the health care reform law is making it more expensive to offer health...

June 11, 2012 (PLANSPONSOR.com) – Phyllis Borzi, assistant secretary for the Employee Benefits Security Administration (EBSA), announced tools to help participants understand fee disclosures.

June 11, 2012 (PLANSPONSOR.com) - The Pension Protection Act of 2006 (PPA) made significant changes to funding requirements and administrative practices for defined benefit (DB) plans, including cash...

June 11, 2012 (PLANSPONSOR.com) – When discussing how plan sponsors can protect themselves against litigation, the main message from panelists at the 2012 PLANSPONSOR National Conference concerned documentation.

June 8, 2012 (PLANSPONSOR.com) – What regulatory changes are in store for retirement plans?

June 7, 2012 (PLANSPONSOR.com) – Guidance for 403(b) plans was high on the list of priority items for the Internal Revenue Service (IRS) suggested by the American Society...

June 5, 2012 (PLANSPONSOR.com) – A retiree of a Virginia publishing company sued managers of her retirement plan for failing to disclose her company’s acquisition by Bloomberg, according...

June 5, 2012 (PLANSPONSOR.com) - Plan sponsor attendees of the 2012 PLANSPONSOR National Conference said new fee disclosure rules is the biggest issue that keeps them up at...