Compliance

The bill would allow small businesses to pay plan design change expenses with plan assets.

Proponents say the bill will require pension plan sponsors to provide participants and beneficiaries with critical information about the tradeoffs between lump-sum payments and lifetime annuities.

The refiled lawsuit argues that the defendants are failing to provide alternative forms of pension benefits that are ‘actuarially equivalent’ to the standard single life annuities that participants...

The limit for individuals with self-only coverage will increase by $200, and the limit for those with family coverage will increase by $450.

An information package contains a listing of required modifications and sample language for nearly any provision a plan might include.

The court order states that plaintiffs plausibly stated a claim for breach of fiduciary duty.

The court found that the plaintiffs plausibly alleged that 401(k) plan fiduciaries failed to control fees by offering retail share classes of investments in the plan.

The complaint was dismissed in its entirety for failure to state a claim.

The settlement agreement also spells out a variety of non-monetary requirements, including a new fiduciary training regimen for members of the university’s retirement plan administration committee. 

A court has denied plan sponsor VCA’s motion to dismiss breach of fiduciary duty allegations.  

A federal appeals court judge has reversed and remanded lower court rulings for further proceedings

In announcing the loan forbearance extension, President Biden acknowledged that the country is still recovering from the pandemic and the unprecedented economic disruption it caused.

’Swing pricing’ and liquidity minimums have at least one large asset manager threatening to exit the market.

The settlement agreement includes a “significant monetary recovery,” the plaintiffs note in a memo in support of a motion for preliminary approval.

A court found a participating employer was not a fiduciary with respect to alleged actions in the lawsuit, and therefore was not under threat of being sued for...

A change to how required minimum distributions are taken from 403(b) contracts might call for changing recordkeeping systems and dusting off information sharing agreements.

A new order in a long-running ERISA lawsuit tosses out certain claims related to alleged breaches of the ERISA fiduciary duty of loyalty, but it otherwise denies the...

A federal court found most of the plaintiffs’ ERISA fiduciary breach claims are sufficiently pled to advance beyond the motion to dismiss stage in the litigation process.