Compliance

Plaintiffs in a lawsuit against the financial firm wanted an appellate court to weigh in on whether a document mandating T. Rowe Price funds be offered in its...

The court also concluded that because Banner Health and its recordkeeper had no prior relationship and their service arrangement was not likely to cause harm, it is not...

The plaintiffs in a new fiduciary breach lawsuit say they have been misled by a financial adviser into buying commission-based life insurance products, rather than the retirement-focused investments...

The high court granted a writ of certiorari requested by plaintiffs in a lawsuit against Northwestern University over fees in its two 403(b) plans.

The claims regulation referenced in a DOL information letter applies to both health and welfare plans and retirement plans, but the letter is fairly limited in scope, an...

Employers can educate employees about new regulations issued in response to a Supreme Court decision.

Teachers hired after 2011 are part of a variable benefit plan design, in which they have to pay more into the plan when returns miss certain targets, a...

The agency is requesting comments about whether relief should be made permanent.

The settlement agreement includes both a $5.4 million payment and non-monetary relief.

A judge found that an email requesting information about obtaining benefits constituted a ‘written request’ as required by the plan document and that Nissan didn’t respond within the...

Another House committee has held a hearing on the popular ‘SECURE 2.0’ legislation, setting the stage for a full floor debate and potential bipartisan vote.

A former participant in DuPont’s DB plan claimed that confusing benefit statements caused him to miss out on years of payments.

Leading ERISA attorneys and retirement plan policy experts discuss what regulations need to be addressed in 2021. 

ERISA attorneys advised plan sponsors to shore up their cybersecurity efforts and continue regular benchmarking work.

But future expansions of the law could have plan sponsors reconsidering their benefits offerings, experts say.

A district court has ruled that plaintiffs have raised sufficient factual questions to make preliminary dismissal of their challenge inappropriate—though the defense did succeed in striking one count.

Claims in a lawsuit against Konica Minolta were significantly pared down and all claims against the company’s board were dismissed for failure to find it was a fiduciary...

Experts say COVID-19 could open the door to new a new category of ERISA lawsuits.  

Attorneys say the requests plan fiduciaries have received ask for a broad amount of information and documentation, and they urge fiduciaries to act on the DOL’s recent guidance.

The primary distinction is that sponsors can design safe harbor plans to avoid having to perform nondiscrimination and top-heavy testing.