Compliance

Compliance | July 16th, 2010

Fee Disclosure Is to Ultimately Help Participants Make Informed Choices

July 16, 2010 (PLANSPONSOR.com) - Fee disclosure rules are designed to “make sure everyone knows what they are paying for and how this affects plan balances,” according to...

Compliance | July 16th, 2010

Court Finds Northwest Had Good Reason to Fire Pilot

July 16, 2010 (PLANSPONSOR.com) – Northwest Airlines Inc. did not illegally retaliate against a pilot by firing him after he was arrested for marijuana possession nine days...

Compliance | July 16th, 2010

Honeywell Cleared in Early Retirement Suit

July 16, 2010 (PLANSPONSOR.com) – A federal judge in Maryland has rebuffed claims by a Honeywell International pension participant that she was entitled to early retirement even though...

Compliance | July 15th, 2010

Congress, Labor Close Ranks on Fee Disclosure

July 15, 2010 (PLANSPONSOR.com) – Despite rumblings about potential tension between regulators and legislators on fee disclosure rules, there was a visible attempt to close...

Compliance | July 15th, 2010

BREAKING NEWS: DoL Issues New Rules on Fee Disclosure

July 15, 2010 (PLANSPONSOR.com) – After months of anticipation, the Department of Labor has finally released its interim final rule on fee disclosure.

Compliance | July 14th, 2010

9th Circuit Says CA Law Trumps Labor Contracts

July 14, 2010 (PLANSPONSOR.com) – The 9th U.S. Circuit Court of Appeals has ruled that while workplace contracts may be subject to out-of-state law, actual workplace terms and...

Compliance | July 14th, 2010

Court Buys Retail vs. Institutional Share Fee Claims

July 14, 2010 (PLANSPONSOR.com) – Even though the bulk of their claims were thrown out, 401(k) participants still won a key legal victory in a suit against...

Compliance | July 14th, 2010

Visteon Must Follow the Rules before Terminating Retiree Benefits

July 14, 2010 (PLANSPONSOR.com) – The 3^rd U.S. Circuit Court of Appeals has reversed lower court rulings that Visteon Corp. can terminate retiree benefits during bankruptcy.

Compliance | July 13th, 2010

CT Court Rules Third Party Payments Can Offset Future Worker’s Comp

July 13, 2010 (PLANSPONSOR.com) – The Connecticut Supreme Court has ruled that a worker’s settlement with a third-party for an injury can be used by an employer to...

Compliance | July 12th, 2010

Lawyer’s Age Discrimination Case Dismissal Upheld

July 12, 2010 (PLANSPONSOR.com) – A federal appellate court has turned away arguments by a 68-year-old lawyer that a Houston software company discriminated against him because of...

Compliance | July 12th, 2010

EBSA Announces Fiduciary Seminar in Indianapolis

July 12, 2010 (PLANSPONSOR.com) - The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) is taking its “Getting It Right – Know Your Fiduciary Responsibilities” seminar to...

Compliance | July 12th, 2010

Court Finds D.C. Law Regarding PBMs Pre-empted by ERISA

July 12, 2010 (PLANSPONSOR.com) – A federal appeals court has found that a law passed by the District of Columbia intended to regulate pharmacy benefit managers (PBM) is...

Compliance | July 12th, 2010

Senate Committee to Hold Hearing on Working in Retirement

July 12, 2010 (PLANSPONSOR.com) - The U.S. Senate Finance Committee will hold a hearing July 15 on “Choosing to Work During Retirement and the Impact on Social Security.”

Compliance | July 9th, 2010

HHS Moves to Strengthen HIPAA

July 9, 2010 (PLANSPONSOR.com) – As part of what officials describe as an effort to drive health data technology advancements while protecting personal privacy rights, a federal...

Compliance | July 9th, 2010

Court Rules for Retirees on Health Benefits

July 9, 2010 (PLANSPONSOR.com) – Retirees from a Sturgis, Michigan, manufacturing facility are entitled to employer-paid health benefits for the rest of their lives, a federal judge...

Compliance | July 8th, 2010

EBSA Announces Health Benefits Compliance Seminar in Omaha

July 8, 2010 (PLANSPONSOR.com) – The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) and the Nebraska Department of Insurance will host a free health law compliance assistance...

Compliance | July 7th, 2010

Novartis Reps’ OT Claims Reinstated

July 7, 2010 (PLANSPONSOR.com) – A federal appellate court has reinstated claims by 2,500 current and former Novartis Pharmaceuticals Corp. sales representatives that they had been improperly...

Compliance | July 6th, 2010

Morgan Stanley Adviser Suits Dismissal Upheld

July 6, 2010 (PLANSPONSOR.com) – A federal judge was right when he threw out lawsuits against two Morgan Stanley advisers alleging the advisers improperly told groups of...

Compliance | July 6th, 2010

CPA Disbarred for Failure to Exercise Due Diligence

July 6, 2010 (PLANSPONSOR.com) – A CPA has been disbarred after the government found he failed to exercise due diligence in preparing tax returns for a corporation and...

Compliance | July 6th, 2010

DoL Announces Prohibited Transaction Exemption Amendment

July 6, 2010 (PLANSPONSOR.com) – Financial institutions are now allowed to act as qualified professional asset managers (QPAM) for their plans, as a result of a recently...