Compliance

The SEC has explained that advisers must have a reasonable basis to believe moving assets from a former employer’s plan to an IRA is a better option.

The IRS December grab bag notice provisions on de minimis incentives and terminally ill distributions also received some pushback from the industry.

A lawsuit against the Hess Corp. alleges Hess plan fiduciaries included target-date mutual funds instead of collective investment trusts in the investment lineup, to the detriment of participants.

The newcomers include Sandy McCarthy of OneAmerica Financial, who takes over as chair.

The House of Representatives hosted a second hearing on the retirement security proposal, during which witnesses disagreed on the adequacy of existing rules and the proposal’s potential to...

The tax credit is designed to make health insurance purchased through the marketplace more affordable.

Regulator cites growth of outreach and education programs along with monetary recoveries among last year's accomplishments.

Tim Hauser sat down with PLANSPONSOR to discuss the merits of the proposal.

A few informal proposals have been made in recent years, and none got very far.

Plan sponsors can find education and training for their retirement plan committees from several sources, but how best to build one and why are separate questions.

The retirement and insurance industries are backing the bill.

The regulator prevailed in motions against a Pennsylvania retirement third-party administrator it alleges stole $5.5 million in retirement plan assets from 17 clients.

The events will offer information about disclosure requirements and other obligations for retirement and health benefit plans.

That’s despite citing profitability and plan cost among their chief reasons for not starting a plan.

The Pension Benefit Guaranty Corporation has escalated legal proceedings against a pension plan sponsor that allegedly stopped paying insurance premiums, filing Form 5500s and paying beneficiaries.  

The legislation would create a savings program for children in qualifying families, with funds available to be withdrawn for higher education, business creation and home purchase.

The plan’s matching rate is 5%, and the TSP increased the automatic enrollment contribution to 5% of income in 2020.

It’s still a work in progress, as a legislative proposal makes its way through Congress.

A restraining order has been filed in the Department of Labor lawsuit against Pennsylvania third-party administrator RiversEdge.

The construction pension fund was 30.25% funded at the end of 2022.