Compliance

Experts in a recent PLANSPONSOR webinar reviewed recent retirement plan litigation and what lessons plan sponsors can from cases and trends.

After a year of alternating decisions related to ESG investing, the proposal would amend ERISA to make it clear that workplace retirement plans can choose to consider such...

A proposal passed by a wide margin in the New York State Assembly would ensure that private-sector employees are automatically enrolled into the Secure Choice Savings Program, and...

The Improving Access to Retirement Savings Act parallels, but does not exactly match, the Securing a Strong Retirement Act, a piece of legislation which was recently advanced out...

Plan sponsors, or their representatives, can refer to an updated IRS webpage to ensure submissions to the voluntary correction program are error-free.

The Securing a Strong Retirement Act asks the DOL to modify ERISA to allow plan sponsors to use a benchmark that’s a blend of different market indexes.

The agency says the relief applies to each plan year which falls inside the relief period, and provisions of the law are not limited to staff reductions caused...

The broker/dealer has agreed to a $1.5 million fine, a censure and an order to cease and desist from future violations.

The lawsuit closely resembles numerous other ERISA excessive fee complaints filed in recent years.

Speakers at a Senate HELP Committee hearing highlighted how the defined contribution plan coverage gap is the most severe for workers in the small business community, as well...

A judge said the plaintiff plausibly pleaded that the defendants committed fiduciary breaches and prohibited transactions by selecting and retaining proprietary funds.

The limit for individuals with self-only coverage will increase $50, and the limit for those with family coverage will increase $100.

The lawsuit calls out the use of the active suite of the Fidelity Freedom target-date funds, among other things.

They say that even as target-date funds have grown more popular, their expenses and risk allocations vary considerably.

During a previous project, the agency found some organizations didn’t know their tax-exempt status affected their eligibility to sponsor a 403(b) plan.

The decision allows the state-run retirement savings program for California residents to continue unhindered.

A federal judge moved forward claims of excessive administrative and managed account fees but dismissed claims regarding KeyCorp plan’s stable value fund option.

In the brief ruling, the district court judge says the plaintiffs have provided sufficient introductory evidence to make discovery in the case appropriate, though the ultimate outcome is...

A rare unanimous affirmative voice vote by the Ways and Means Committee allows the SECURE Act 2.0 to be considered by the full House of Representatives.

Commenting on the expected legislative action, sources agree the stakes remain high when it comes to addressing the U.S. retirement security gap.