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DOL Sides With JP Morgan in 401(k) Forfeiture Complaint
The Department of Labor reinforced its support for employers involved in lawsuits over the use of 401(k) forfeiture funds, filing...
Federal Judge Invokes Rare Rule to Rein In ERISA Fee Lawsuits
A federal judge in California invoked a little-used procedural rule last month to force plaintiffs in an ERISA prohibited transaction...
Plaintiffs Drop Home Depot Case Before Supreme Court Review
Former participants in The Home Depot’s 401(k) retirement plan agreed to dismiss their complaint over alleged plan mismanagement just two...
DOL Pledges to Push Back on ‘Regulation by Litigation’
Deputy Secretary Keith Sonderling also promised on Wednesday to deliver a new rule on the inclusion of private assets in...
Lawmakers, Experts Urge ‘Choice’ in Congressional Hearing on Annuities
Witnesses from both industry and academia urged Congress to expand retirement income options in 401(k)s — while calling for clear guardrails and...
DOL Pulls Amicus Brief That Supported Plaintiffs in Yale 403(b) Case
The Department of Labor has withdrawn a brief filed during the Biden administration backing allegations that Yale University’s employees paid...
AARP Seeks Private Markets Investment Analyst
The chosen individual will ‘research, analyze and evaluate investment opportunities’ in asset classes that include private equity and private credit.
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Precision in Protection: Using Guaranteed Lifetime Income and Managed Accounts to Improve Outcomes
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