Sponsors May Soon See New Share Class Recommendations
They key development around “T shares” is that they feature uniform commissions, while “C shares” move compensation away from the...
Tag: ERISA
High Court Hears Oral Arguments in Church Plan Cases
The bulk of the oral arguments focused on the definition of a church plan set forth in Section 3(33) of...
ERISA Legality Claims Need Not Be Administratively Exhausted
An appellate court found 403(b) plan participants were questioning the legality of a plan amendment, which it said is for...
Products |
Trucker Huss Offers Determination Letter Support
As the law changes, and as plan documents have to be amended, plan sponsors will no longer be able to...
CITs a Driving Force in DC Space
These investment vehicles may pose pricing and regulatory advantages that could seem attractive to plan sponsors.
Lawsuits May Help Define How ERISA Polices Fees and Prudence
Many of the recent legal challenges may appear similar on their face, but the underlying allegations can vary significantly in...
Controlled Group Case Sent Back for Calculation of Damages
An appellate court agreed employees of a company sold from Anheuser-Busch’s controlled group of companies were entitled to enhanced benefits,...
Lehman Stock Drop Suit Passed Over By Supreme Court
The high court will not offer another review to the long-running case, letting stand a lower court ruling that effectively...
Court Victories Add to Confusion Over Fate of Fiduciary Rule
Though courts are supporting the DOL, actions from the Trump administration may mean those victories do not matter.
Former NLRB Leader Could Fill DOL Secretary Role
The president actually began the first solo press conference of his term by naming Alexander Acosta as his new nominee...
DOL Secretary Nominee Backs Down
With his Senate confirmation hearing set to kick off tomorrow, DOL Secretary nominee Andrew Puzder has withdrawn himself from consideration.
Agencies File Brief in Support of Church Plans
In a brief filed in the U.S. Supreme Court, several federal agencies argue that their longstanding interpretation of the definition...
Edward Jones’ Attempt to Dismiss Self-Dealing Suit Denied
A federal judge denied defendants’ motions in part because the plaintiff’s complaint states viable claims.
Peering Through the Fiduciary Rule Uncertainty
A direct order from President Trump regarding the fiduciary rule could be forthcoming imminently, and that is likely what it...
J.C. Penney to Settle Stock Drop Suit
The company has agreed to pay $4.5 million to resolve a lawsuit alleging it failed to drop the company stock...
Trump Presidency Will Impact Providers' Fiduciary Rule Response
Early commentators warn anything is possible, but there may be some relief coming on the strict contract and recordkeeping requirements...
Refining Plan Documents Can Pay Off
A new white paper spells out the main areas of retirement plan governance and compliance, offering clear pathways for plans...
District Court Rejects Insurer Concerns with Fiduciary Reform
The text of the defeated complaint shows insurance providers are clearly worried about potential consequences of the DOL fiduciary rulemaking.
Can Funds With 12b-1 Fees Still Work in Retirement Plans?
Some experts say taking the 12b-1 approach can result in lower net fees, while others call for an end to...
Providence Health Agrees to Settle Church Plan Challenge
The parties in the case reached a settlement following an appellate court’s conclusion that only a church can establish a...