Compliance

Industry advocates have very little to say about Mike Johnson, good or bad, but another budget showdown could reveal his priorities.

The legislation would allow businesses with 10 or fewer employees to benefit more from SECURE 2.0 credits when starting a plan.

Parties continue to argue about the plaintiffs’ standing as three New York City public-employee pension funds seek to have the complaint dismissed.

The bucket recipients can use for stock investments is not being filled due to the attractiveness of investment-grade assets.

Industry experts now expect the proposal on 3(21) fiduciaries to come by month’s end.

The bill would have a 5% match and be administered by the Department of the Treasury.

The cases focused on ESOP valuation, and both rulings held that that mandatory arbitration and class action relief are not enforceable.

Guarantee levels for single-employer plans will rise with inflation, but multiemployer plans are not indexed.

A veteran of cybersecurity, expert in digital threats, offered a critical assessment.

The proposal seeks to broaden the definition of fiduciary adviser under ERISA, though the precise wording is not yet available.

Experts discussed the SEC’s new cybersecurity rules and the importance of having an action plan at PLANSPONSOR’s Cybersecurity livestream.

The argument about ESG funds by former pilot Bryan Spence ‘runs headlong into the Supreme Court's instruction,’ according to the defendants.

Many industry experts believe there is a need for an ‘ERISA 2.0’ that includes a stronger framework for universal coverage, lifetime income, defaults and more.

The plaintiff, Bryan Spence, referenced another federal court’s decision in asking a Texas federal court to deny the defendants’ motion to dismiss.  

In comment letters submitted to the Department of Labor, concerns expressed ranged from QDIAs to permitted withdrawals.

Experts review the road map for current and upcoming dates of the retirement legislation.

The proposal would limit the availability of educational and retirement readiness tools for participants, commenters say.

The settlement is considered the ‘largest ever’ in a lawsuit alleging mismanagement of a retirement plan’s in-house funds, according to court filings.

Plan fiduciaries were accused of fiduciary breaches for using plan forfeitures to offset future employer contributions, but ERISA experts would be surprised if this longstanding and widespread practice...

Lawyers for the plaintiff, a third-party administrator, alleged identical claims against each defendant.