Compliance

Notice 2020-50 expands the definition of who is a qualified individual to take into account additional factors such as reductions in pay, rescissions of job offers and delayed...

A pension fund challenged the use of the Segal Blend to assess its withdrawal liability from a multiemployer plan instead of the interest rate it used to determine...

The Oshkosh Corp. is accused of permitting excessive recordkeeping fees and inappropriately favoring expensive active management funds in its retirement plan lineup.

A Texas couple has admitted to submitting more than 90 unauthorized distribution requests from some 20 retirement plans between 2014 and 2017.

Using affiliates to provide services and proprietary investment products when offering a pooled employer plan (PEP) raises fiduciary and prohibited transaction issues that must be addressed.

A federal judge said he cannot find that the interests of one subgroup of class members in the case have been adequately protected.

Prior to reaching the settlement agreement, the Neuberger Berman Value Equity Fund was removed as an investment option in the firm’s 401(k) plan.

A forthcoming proposed regulation from the DOL is expected to address the topic of environmental, social and governance (ESG) themed investing in the context of tax-qualified retirement plans.

The complaint alleges that KeyCorp has failed to take advantage of recordkeeping market competition and the associated drop in average fees.

In a letter filed in court, attorneys for the parties suggested ways to help streamline the trial and to eliminate all or significant parts of the testimony of...

Among other alleged fiduciary violations, the defendants are accused of failing to consider lower cost collective trusts as alternatives to certain mutual funds in the plan.

An employer adopting a newly approved plan document will be required to do so by July 31, 2022.

The IRS also identifies limited circumstances for which an employee with a DPC arrangement could contribute to an HSA.

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

Like the district court ruling in the case, the appeals court says the plaintiffs have failed to adequately state an actionable claim against the downstream oil and gas...

An Information Letter addresses concerns with offering private equity in DC plans with five paragraphs detailing considerations for plan fiduciaries in evaluating and monitoring the investments.

One attorney suggests the Supreme Court’s opinion in Thole v. U.S. Bank ‘pushes the ability of participants in a defined benefit pension to file suit practically to extinction,’...

In addition to paying $16.75 million, the settlement agreement calls for a review of investments and a recordkeeping request for proposals.

Plaintiffs’ attorneys, bemoaning the new Supreme Court ruling in Thole v. U.S. Bank, say participants in defined benefit plans are essentially left with no way to challenge or...