Compliance

One key takeaway from a panel discussion about DOL and IRS audits: the occurrence of an audit does not necessarily mean a plan is under suspicion of mistakes...

What do ERISA, the SECURE Act and government regulations say about retirement plan sponsors’ duties in offering retirement income strategies to participants?

Majority Leader Chuck Schumer voted against the confirmation so that it can be brought up again at a later date.

Retirement security organizations, a nonprofit and the U.S. Chamber of Commerce have submitted comment letters on the discussion draft, which was released last month.

Plaintiffs say their employer is knowingly using outdated mortality tables and inflated interest rate assumptions that undervalue certain annuity benefits relative to the pension plan’s standard option.

A retirement plan provider that championed cryptocurrency for 401(k) plans has brought a lawsuit against the Department of Labor for dismissing cryptocurrency as a reasonable investment for retirement...

More than $150,000 ordered paid to a Maryland company's retirement plan; company and owner barred from any future ERISA fiduciary roles.

An IRS bulletin for preapproved plan sponsors warns of consequences for missing the restated adoption agreement deadline.

The new depletion date of the Old-Age and Survivors Insurance and Disability Trust Funds is 2035, when 80% of benefits will be payable.

The claims put forward in the lawsuit closely resemble those in other cases filed by plaintiffs represented by the law firm Capozzi Adler.

Murray and Barr bill would address retirement and emergency savings.

The named defendants in the suit are the DENSO International America company alongside its board of directors and various committees and professionals involved in operating the company’s 401(k)...

The changes to Form 5500 for defined contribution and defined benefit plans are modest.

One proposal put forward Wednesday by the Securities and Exchange Commission would restrict the way investment managers use ESG nomenclature in fund names, while another would require certain...

The largest U.S. business lobbyist opposes bill banning discretionary clauses.

First ‘greenwashing’ case hints at more enforcement to come.

Fiduciary breach claims are likely to spike—and win—if the two-pronged legislation is passed.

Following an SEC settlement, most of the U.S. business of Allianz Global Investors will transfer to Voya Investment Management.

The allegations in the case are filed on behalf of the same plaintiffs who have already sued their employer, Molina Healthcare, for alleged fiduciary breaches in the delivery...

In their motions to dismiss the case, the plan fiduciaries unsuccessfully argued that the plaintiffs invested in only some of the funds cited, and that they lacked standing...