Compliance

An ERISA complaint against the Conagra pension plan claims the fiduciary and plan administrator are ignoring distribution rules laid out in a missing document from 1980s.

Industry groups, including ERIC, SPARK and ICI, argue that a proposed mutual fund pricing rule popular in the EU would ultimately hurt retirement savers in the US.

A new Department of Labor lawsuit targeted a telemarketing company that closed without processing workers’ retirement claims.

The U.S. District Court in New Hampshire has scheduled a pretrial conference for next month. 

A U.S. District Court ruled against Department of Labor interpretation that made rollover recommendations count as fiduciary advice.

The Department of Labor extended to mid-April the deadline for public comments on amendments to the Voluntary Fiduciary Correction Program to reflect the impact of the SECURE Act...

Kentucky, Maine, Colorado and Nevada will have to update their escheatment laws or take the risk of unjustly taking over some residents’ IRAs. 

Microsoft has been spared one of a string of lawsuits against plan sponsors over putting retirement savers in a BlackRock target-date fund suit.

Walsh is expected to leave the DOL to lead the NHLPA.

Florida-based nonprofit operator of children’s hospital is alleged to have charged excessive fees to retirement plan participants.

EBSA head Lisa Gomez spoke in defense of a DOL rule that would permit ESG in retirement plans as Republicans push back against ESG in Congress and the...

A federal magistrate judge found that the plaintiffs did not adequately state a claim of excessive fees.

The SEC is sending a stern reminder to broker/dealers to better follow new Regulation Best Interest standard, intended to mitigate conflicts of interest when recommending securities.

The three supplemental SFA packages provide a total of more than $200 million.

The DOL’s new rule on ESG, which takes effect today, is being challenged by a range of actors in a lawsuit filed last week.

The law offers some minor changes, but some sections do result in increased availability and flexibility for annuities.

The rule is scheduled to take effect on Monday, but 25 state attorneys general and three fossil fuel advocates are seeking an injunction to block it.

The two construction pension plans will receive more than $70 million in combined funds.

Legislators seem to have dropped a section from the final version of SECURE 2.0 that nullifies catch-up contributions in retirement plans, but an industry advocate has already called...

District Judge allowed one plaintiff 28 days to submit an amended complaint.