Reps. Petition DOL on Fiduciary Rule
January 15, 2014 (PLANSPONSOR.com) – U.S. House members belonging to the New Democrat Coalition asked the Department of Labor (DOL)...
Tag: Fiduciary
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Firm Debuts QDRO Admin. Service
January 14, 2014 (PLANSPONSOR.com) – Plan Sponsor Advisors (PSA) released a fully outsourced solution that manages qualified domestic relations orders...
Fidelity Faces Lawsuit over Revenue-Sharing
January 10, 2014 (PLANSPONSOR.com) – Another participant in Fidelity Investments’ own retirement plan has brought a lawsuit saying participants paid...
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Ameritas Adds Fiduciary Solutions
January 6, 2014 (PLANSPONSOR.com) – Ameritas Life Insurance Corp. has partnered with Mesirow Financial Investment Strategies to bring fiduciary partnership...
SCOTUS Takes Up Presumption of Prudence Issue
December 16, 2013 (PLANSPONSOR.com) — The U.S. Supreme Court has agreed to hear a case raising fiduciary issues and questions...
DOL Coming to New York City
December 9, 2013 (PLANSPONSOR.com) – Plan sponsors can get their fiduciary responsibility questions answered during a Department of Labor (DOL)...
Chesapeake Stock Drop Suit Dismissed
November 22, 2013 (PLANSPONSOR.com) – A federal district court dismissed a class action complaint alleging Chesapeake Energy acted imprudently by...
DOL Finds Fiduciaries Violated ERISA With Stock Purchase
November 20, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) has filed a lawsuit in U.S. district court to recover...
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Sunwest, TAG Partner on Fiduciary Service
November 13, 2013 (PLANSPONSOR.com) – Two firms are collaborating to provide retirement plan sponsors with third-party administrator (TPA) services.
DOL Sues Firm for Plan Administration Failures
November 8, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) is seeking to have funds returned to a retirement plan...
MassMutual Plan Participants Sue Over Proprietary Investments
November 8, 2013 (PLANSPONSOR.com) – Participants and beneficiaries of the MassMutual Thrift Plan have filed a lawsuit in federal court...
GAO Seeks Clarity on Electronic Disclosure Rules
November 5, 2013 (PLANSPONSOR.com) – The Government Accountability Office (GAO) asked the U.S. Treasury and Department of Labor (DOL) to...
Suit by Xerox Retiree Partially Dismissed
November 1, 2013 (PLANSPONSOR.com) – A U.S. district court in New York ruled a plaintiff can proceed with a claim...
Fiduciaries Ordered to Restore Plan Assets
October 31, 2013 (PLANSPONSOR.com) – A U.S. district court in California has ordered the restoration of more than $1.6 million...
Dismissal of Stock Drop Case Reaffirmed
October 31, 2013 (PLANSPONSOR.com) – A U.S. District Court has reaffirmed its earlier decision to dismiss a stock drop case...
House Approves Bill to Delay DOL Fiduciary Rule
October 31, 2013 (PLANSPONSOR.com) – The U.S. House of Representatives has approved a bill that would delay issuance of a...
Japanese Firm Ruled Liable for U.S. Subsidiary Pension Obligations
October 25, 2013 (PLANSPONSOR.com) – A Japanese firm that purchased the now-defunct U.S.-based Metaldyne Corporation has been found liable for...
Fiduciaries of California ESOP to Repay Plan Funds
October 23, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) has obtained a consent order for fiduciaries to repay funds...
DOL Seeks New Fiduciaries for Tennessee Plan
October 21, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) is seeking to replace the fiduciaries of an abandoned retirement...
Fee Litigation Risks Still an Issue
October 17, 2013 (PLANSPONSOR.com) – The industry-wide focus on improving fee transparency and reasonability has not significantly reduced litigation risks...