Compliance | March 18th, 2024 Association of BellTel Retirees Points to Red Flags in Verizon PRT Deal Advocates for the protection of retirees’ pensions and benefits say the telecom firm has ‘shamefully discarded 97,000 loyal retirees’ in...
Compliance | March 11th, 2024 DOL Sends Final Fiduciary Rule to OIRA For Review The final draft has been written and now will undergo a review expected to take about 60 days.
Investing | March 8th, 2024 House Passes Bill Permitting Use of CITs by 403(b) Plans The Senate now needs to consider the bill that would also expand access to capital for certain businesses.
Compliance | February 27th, 2024 California Federal Judge Upholds Plan Sponsor in TDF-Selection Case The plan sponsor and its advisers proved they had conducted the appropriate due diligence in selecting funds and managing the...
Compliance | February 27th, 2024 EBSA Expects to Finalize Voluntary Correction Update in ‘Next Few Months’ Ali Khawar, of the Employee Benefit Security Administration, indicated that the agency may be set to finalize amendments to the...
Compliance | February 13th, 2024 DOL Official Makes Case for Retirement Security Proposal Tim Hauser sat down with PLANSPONSOR to discuss the merits of the proposal.
Opinions | February 8th, 2024 A Case for Prudent Diversification in DC Plans It is the law of the land.
Administration | February 8th, 2024 How Should Plan Sponsors Stand Up a New Retirement Plan Committee? Plan sponsors can find education and training for their retirement plan committees from several sources, but how best to build...
Administration | February 1st, 2024 Maintaining Successful Committee Requires Continuous Education, Right People A retirement plan committee should include a diverse range of individuals, as well as frequent fiduciary training and education, experts...
Administration | February 1st, 2024 How to Teach Fiduciary Responsibility to Plan Committees Where to find education and training, how often to meet and how to confirm members are prepared to serve participants...
Compliance | January 19th, 2024 Auto-Portability Proposal Is In The proposal would implement a SECURE 2.0 provision intended to make it easier to transfer money between DC plans to...
Compliance | January 19th, 2024 Fiduciary Proposal May Be Extremely Expensive to Implement, Oxford Survey Finds The biggest costs would come from disclosure requirements related to rollover decisions, according to a survey commissioned by a financial...
Compliance | January 8th, 2024 House Members Join Calls to Withdraw DOL Fiduciary Proposal A letter, signed by representatives from both sides of the political aisle, argues the proposed DOL rule changes are unnecessary...
Compliance | January 3rd, 2024 Fiduciary Proposal Comment Period Closes, Receives Both Praise and Criticism Morningstar argued that the DOL proposal would lower fees for smaller plans, while ACLI argued it would reduce access to...
Compliance | December 29th, 2023 ASA Calls Fiduciary Proposal Unlawful, Anticipates Litigation Group questions authority of Acting Labor Secretary Julie Su to approve any final rulemaking.
Compliance | December 22nd, 2023 DOL Proposes to Rescind 2018 Association Health Plan Rule The original rule, had it not been vacated by a federal court, would have significantly relaxed the parameters for creating...
Compliance | December 15th, 2023 Clorox Files for Dismissal of Complaint Over 401(k) Forfeitures The company's motion defends the plan's actions, stating that the committee followed IRS guidance and outlined its use of forfeitures...
Compliance | December 11th, 2023 2024 ERISA Plan Compliance Calendar A schedule to help plan sponsors track important due dates for their plans.
Compliance | November 30th, 2023 Plan Sponsors Get Clarity and Some New Questions in IRS Part-Time Eligibility Rules The post-Thanksgiving rule proposal will require a close look and potential plan design changes in the coming weeks for employers...
Investing | November 30th, 2023 Fear of Litigation Causes Plan Sponsors to Pare Down Investment Menu Reacting to cases citing the ‘inappropriateness’ of certain investments, many large plan sponsors have eliminated volatile asset classes from their...