Compliance

The agency has issued two FAQ documents addressing pension plan rules when rehiring retirees and says federal departments are holding webinars to address staff shortages in public school...

Among other things, the plaintiffs allege the GoalMaker service disfavored funds in the plan’s investment menu that did not pay kickbacks to Prudential.

They say ERISA pre-empts the state-run retirement program, therefore invalidating it, but that argument has been previously rejected by both an appellate and a district court.

A judge found the interests of a subclass of terminated, vested participants were adequately protected in a newly proposed settlement.

A court found the terms of the agreement were broad enough to reject the plaintiff’s argument that he should be able to sue because his claims belong to,...

A court found an employer ‘contributed’ to a supplemental AD&D policy by paying for basic AD&D insurance and that it ‘established’ the plan by negotiating terms with the...

The plaintiffs suggest that two sizeable Deloitte retirement plans should have been able to negotiate a recordkeeping cost in the low $20 range.

A judge found Aon didn’t violate ERISA when encouraging Lowe’s to change the plan’s investment menu or by selecting and maintaining a proprietary fund for the plan that...

Experts shared what responsibilities employers have for their HSA benefit and what actions can trigger ERISA governance of it.

The agency says the proposal seeks to emphasize that climate change and other ESG factors can be financially material and that considering these elements can lead to better...

Earlier this year, the firm settled similar charges from the SEC and the New York attorney general accusing it of making inaccurate and misleading statements to rollover clients.

While the size and structure of retirement plans are relevant to the reasonableness of the administrative fees they pay, similarly relevant is the scope of the services offered...

The court notes that the ESOP trustees, while accepting a price very close to what the sellers were seeking, saved the company millions of dollars by negotiating a...

Because appellate court decisions carry weight with lower courts in a circuit, the ruling could increase the risk for multiemployer plans presented by withdrawing employers.

The court concluded that the defendants present extensive evidence that they acted prudently in monitoring the plan’s recordkeeping expenses.

If a 403(b) plan participant also sponsors a plan to which he contributes, the plans must satisfy the annual additions limitation on an aggregate basis.

The text of the ruling includes detailed analysis of what it takes for ERISA plaintiffs to prove standing under Article II of the U.S. Constitution, along with analysis...

The detailed dismissal ruling engages in an analysis of all five counts included in the plaintiff’s amended complaint, in each case siding with the defense that dismissal is...