Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
January 16th, 2018
Webcast Event
Join us January 23, as retirement industry experts discuss 2018 retirement plan trends and regulatory updates.Read more >
Compliance
Court Orders Plan Fiduciaries to Restore Losses for Misusing Plan Assets
The Department of Labor found fiduciaries failed to remit salary deferrals and loan repayments and withdrew assets from the plan trust to use for non-plan purposes.Read more >
PBGC Adjusts Penalties for Failure to Provide Information
The Pension Benefit Guaranty Corporation (PBGC) is required to amend its regulations annually to adjust for inflation the maximum civil penalty for failure to provide certain notices or other material information and for failure to provide certain multiemployer plan notices. As such, the agency has issued a final rule adjusting the maximum civil penalties that PBGC may assess under sections 4071 and 4302 of the Employee Retirement Income Security Act (ERISA).Read more >
Appellate Court Hands Win to Hewlett-Packard in Stock Drop Case
Another employer win in a stock drop suit indicates it is tough for retirement plan participants to meet the pleading standards set forth in Fifth Third v. Dudenhoeffer.Read more >
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