Fiduciaries of MEWA Barred for Failing to Pay Medical Claims
Employer and employee contributions to the multiple employer welfare arrangement were found in offshore Bermuda accounts.
Tag: Department of Labor (DOL)
Court Supports Waiver of ERISA Statute of Limitations
The 11th Circuit ultimately ruled that it is common sense to conclude that since a litigant can renounce his most...
DOL Fiduciary Rule Enforcement Delay Under Review at OMB
Until the final rule’s publication in the Federal Register, the exact details and length of the second enforcement delay will...
Trump Eying Top Aide to Sen. Hatch for Lead EBSA Role
The future head of EBSA would play a substantial role in the fate of the fiduciary rule.
The Thrust of Fiduciary Liability Insurance
In a world of heightened plan sponsor scrutiny, fiduciary liability insurance can be a powerful tool.
Providers Remain Uncertain Amid Tense Legislative Session
The list of regulatory and legislative challenges affecting employers and their retirement plan consultants can seem endless, and when linked...
Embracing In-Plan Annuities
Specific policy changes and plan sponsor initiatives can make guaranteed lifetime income a norm in the DC plan space, TIAA...
Products |
Voya Extends Framework Retirement Program to Tax-Exempt Market
The mutual-fund based program also offers an in-plan retirement income option and access to 3(38) fiduciary services.
DOL Announces Additional Relief for Hurricane Irma Victims
The relief regards verification procedures for plan loans and distributions, participant contributions and loan payments, blackout notices, and group health...
IRS Relaxes Loan, Hardship Rules for Hurricane Irma Victims
The PBGC and DOL also are providing relief similar to that provided to Hurricane Harvey victims.
Opinions |
Barry’s Pickings Online: A Parade of the Ridiculous
Michael Barry, president of the Plan Advisory Services Group, discusses possible implications of the DOL fiduciary rule and how the...
Fiduciary Rule Transition Period Extended by One Year
As the DOL lays out, the primary purpose of the proposed delay of full enforcement is to give the department...
Providers Step Up Their Game With QDIA Offerings
The Department of Labor recommends the incorporation of workforce demographics into QDIA design; different providers have different philosophies about the...
District Court Permits Most of Plaintiff’s Case in ERISA Challenge
The underlying complaint challenges the process and motivation surrounding the termination of a group annuity contract.
Products |
Report Addresses Common BICE Questions
A new report answers some common questions plan sponsors may have about the BICE rule.
DOL Fiduciary Rule FAQ Further Clarifies Compliance Demands
In general, if a covered service provider will continue after the fiduciary rule to provide services only in a non-fiduciary...
Fiduciary Rule May Force Plan Advisers Away From Portfolio Management
“The DOL conflict of interest rule poses risk to a firm if [practice leaders] knowingly allow advisers to manage underperforming...
Provider Ordered to Return Millions to Health Plans
MagnaCare has been ordered to return at least 14.5 million to ERISA-covered health benefit plans.
DOL Says Ponzi Scheme Included Employee Benefit Plan
The founder of an investment company has pleaded guilty and been sentenced.
Short Window Opens for Fiduciary Rule RFI Responses
EBSA hopes the responses submitted to this RFI can “form the basis of new exemptions or changes/revisions to the rule...