Compliance

Compliance |

Lawmakers: Keep 408(b)(2) Disclosures Simple

August 31, 2010 (PLANSPONSOR.com) – A letter to the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) from five key lawmakers urges the agency to require service...
Compliance |

Visteon to Keep Pension Plans Running

August 31, 2010 (PLANSPONSOR.com) – A U.S Bankruptcy Court has approved a reorganization plan for auto-part supplier Visteon that will see all of the company’s pension plans remain...
Compliance |

PBGC Steps In for Maine Paper Mill Plan

August 31, 2010 (PLANSPONSOR.com) – The Pension Benefit Guaranty Corporation (PBGC) has assumed responsibility for the underfunded pension plan covering more than 2,300 former employees and retirees of...
Compliance |

Pfizer Cleared in Stock Options Suit

August 31, 2010 (PLANSPONSOR.com) – Pfizer Inc. did not breach its Employee Retirement Income Security Act (ERISA) responsibilities by giving an employee incorrect information about her stock options...
Compliance |

Court Dismisses BofA Stock Drop Case

August 30, 2010 (PLANSPONSOR.com) – A federal judge has tossed out a stock drop case against Bank of America (BofA) that had alleged numerous fiduciary breaches in connection with...
Compliance |

Beazer Stock Drop Pact Gets Court OK

August 30, 2010 (PLANSPONSOR.com) – A federal judge in Atlanta has given preliminary approval to a $5.5 million-settlement of a stock drop lawsuit against Beazer Homes USA.
Compliance |

Lifetime Income Hearing Agenda Unveiled

August 26, 2010 (PLANSPONSOR.com) - The U. S. Department of Labor’s Employee Benefits Security Administration (EBSA) has released the agenda for the upcoming joint hearing...