Compliance

Central to the dismissal is the consideration of several issues of standing.

The lawsuit says VALIC engaged in a prohibited transaction, as well as self-dealing, in violation of ERISA when surrender fees were charged during the transfer of assets to...

The appeal asks whether an earlier Supreme Court ruling means ESOP fiduciaries are effectively immune from duty-of-prudence liability for the failure to publicly disclose potentially damaging inside information.

The lawsuit alleged that after the plan no longer qualified as a ‘church plan,’ it failed to be funded according to ERISA standards.

The action comes after much back and forth and legal action regarding incentives employers may provide employees to participate in wellness programs.

The new complaint states that the Allstate defendants mishandled the process of picking the plan’s default target-date fund suite.

The agency says the agreement delays the plan’s insolvency date and reduces the expected burden on its multiemployer plan insurance program.

A schedule to help plan sponsors track important due dates for their plan

The legislation also includes rules for qualified disaster relief payments and extends some provisions of the CARES Act.

The plans were abandoned after the plan provider owners took their own lives.

The relief is for retirement plan participant elections and spousal consent required to be witnessed by a plan representative or a notary public.

Two bills proposed by Congressional Democrats would require certain parties to disclose whether and how they are taking environmental, social and governance factors into account while managing institutional...

The regulator has finalized a potentially important new prohibited transaction exemption.

The single-employer program is improving, but Director Gordon Hartogensis says it’s clear legislative help is needed for the multiemployer program.

They say it will give retirement plan participants a longer window in which to increase their savings, tax deferred.

The DOL says it settled upon the final rule after reviewing approximately 300 written comments and 6,700 form letters from a diverse set of stakeholders.

The proposed settlement is only between the plan sponsor and the plaintiffs, meaning the allegations against Principal are still in play.