Products | November 25th, 2014 PSCA Re-Launches Fiduciary Training Program The Plan Sponsor Council of America (PSCA) re-launched its online ERISA Fiduciary Training Program.
Compliance | November 21st, 2014 EBSA Issues Temporary Exemption for Credit Suisse Credit Suisse AG has received temporary approval to continue acting as a qualified professional asset manager (QPAM), after pleading guilty...
Compliance | November 6th, 2014 Court Opens Door for Disclosure of Investment Guidelines An appeals court has opened the door for the requirement that an ERISA plan’s investment guidelines be disclosed to participants...
Products | November 5th, 2014 Nationwide Adds Managed Account Monitoring to Fiduciary Services Nationwide has expanded the company’s 3(38) investment fiduciary service from IRON Financial, LLC.
Compliance | November 5th, 2014 Court Revisits Ruling in Light of Dudenhoeffer Decision The 9th U.S. Circuit Court of Appeals has revisited its ruling in a retirement plan stock drop suit in light...
Compliance | November 4th, 2014 MassMutual Agrees to Settle Revenue Sharing Lawsuit Massachusetts Mutual Life Insurance Company (MassMutual) has agreed to settle a lawsuit brought by a 401(k) plan sponsor alleging the...
Administration | November 3rd, 2014 GE Sued for Moving to DC Model for Retiree Health Care One current and one former General Electric employee have sued the company for moving to a defined contribution (DC) model...
Compliance | November 3rd, 2014 Plan Fiduciaries Liable for Mispriced ESOP Stock Purchase The owner of Bruister and Associates and trustees of its employee stock ownership plans (ESOPs) were found responsible for causing...
Compliance | October 24th, 2014 Senior Senators Urge Government Action on Pension De-Risking October 24, 2014 (PLANSPONSOR.com) – Two senior U.S. senators are petitioning the government agencies that oversee qualified retirement plans to...
Compliance | October 17th, 2014 Court Dismisses Stock Drop Case Against UBS October 17, 2014 (PLANSPONSOR.com) – A federal district court judge has found a participant in the UBS Savings and Investment...
Compliance | October 17th, 2014 How a Plaintiff's Attorney Views the Supreme Court Fee Case October 17, 2014 (PLANSPONSOR.com) – The U.S. Supreme Court announced early this month that it would review parts of an...
Deals and People | October 15th, 2014 It’s All About (Fiduciary) Processes October 15, 2014 (PLANSPONSOR.com) – Michael Woomer is among the chorus of retirement plan professionals telling plan sponsors that managing...
Products | October 13th, 2014 Kidder Benefits Consultants Offers 3(16) Fiduciary Services October 13, 2014 (PLANSPONSOR.com) – Kidder Benefits Consultants will provide ERISA Section 3(16) plan-level, discretionary fiduciary services to its clients, beginning...
Compliance | October 9th, 2014 Court Moves Forward Citigroup 401(k) Excessive Fee Suit October 9, 2014 (PLANSPONSOR.com) – Participants in the Citigroup 401(k) plan can move forward with their claims plan fiduciaries violated...
Compliance | October 6th, 2014 Experts See Big Stakes in SCOTUS Review of Tibble October 6, 2014 (PLANSPONSOR.com) – The U.S. Supreme Court’s decision to review parts of Tibble v. Edison International could have...
Compliance | October 2nd, 2014 Supreme Court Will Hear Tibble v. Edison Case October 2, 2014 (PLANSPONSOR.com) – The law firm of Schlichter, Bogard & Denton says the U.S. Supreme Court has agreed...
Compliance | October 2nd, 2014 Court Finds John Hancock Not a Fiduciary in Fee Case October 2, 2014 (PLANSPONSOR.com) - John Hancock has ultimately been found not to be a fiduciary in a case alleging...
Deals and People | September 24th, 2014 Pentegra Retirement Services Adds Regional Director September 24, 2014 (PLANSPONSOR.com) – Kris Krikorian joined Pentegra Retirement Services as a regional director for qualified plan sales.
Benefits | September 16th, 2014 Using Trends to Improve Your Plan September 17, 2014 (PLANSPONSOR.com) - Plan sponsors can use data about industry trends to make improvements to their retirement plans.
Compliance | September 11th, 2014 Signature Authority May Trigger ERISA Fiduciary Status September 11, 2014 (PLANSPONSOR.com) – A company CEO’s signature authority for payments from the company’s bank account may make him...