Compliance

Late November means Thanksgiving and colder temperatures, and for retirement plan sponsors—detailed in blog post by Groom Law Group—the time of year to ensure that plan documents and...

The Ohio-based Teamsters Union Pension Plan was approaching insolvency, and its application for Special Financial Assistance was approved Tuesday.

The DOL rule is designed to reduce legal uncertainty and obstacles to ESG investment.

Judge recommends dismissal of a class action lawsuit brought by a participant against Nestlé with accusations of unnecesarily high fees and self-dealing.

With final DOL ruling, plan sponsors can consider climate change and other ESG factors when selecting investments.

Four new appointees make a total of seven, charged with advising the PBGC on investments and other decisions.

It is becoming harder and harder to find a party who offers anything other than support for SECURE 2.0.

A DOL public hearing held Thursday on the new QPAM Rule proposal highlighted concerns about foreign convictions and non-prosecution agreements as grounds for QPAM disqualification.

The network hardware firm agreed to an ERISA settlement totaling $3 million to dismiss claims of fiduciary breach.

Plaintiff seeks class certification in alleging mismanagement and violations of fiduciary duty.

The DOL said retirement provider ForUsAll misrepresented its cyptocurrency guidance from March and that the court overseeing the suit has no standing to force its hand in 401(k)...

The SECURE 2.0 retirement reform package contains various emergency savings provisions designed to boost Americans’ financial security and the long-term growth of their retirement savings.

The department Labor replied with information for the SECURE Act amendments to ERISA that relate to the bonding requirements under ERISA section 412 that apply to pooled employer...

These warnings allege potential anti-trust violations and come in the wake of other such warnings and divestments on the state level.

The IRS will provide determination and termination letters to 403(b) plans beginning next June.

The ERISA Industry Committee has joined an amicus brief, with the U.S. Chamber of Commerce, asking a federal appeals court to uphold the dismissal of a 401(k) lawsuit. 

If adopted, the new rule would require most open ended funds to keep at least 10% of their assets in the “highly liquid” category and would mandate swing...

The Phoenix-based company is alleged to have breached its fiduciary duty to plan participants.

The union plan had been severely underfunded for over a year but can now meet its liabilities to nearly 400 participants.

Maddox Group’s Adam Belardino faces up to 45 years in prison for wire fraud and making false statements to the IRS.