Owner Trustee May be Held Liable for Denial of Benefits to Ex-Spouse
December 19, 2011 (PLANSPONSOR.com) – A federal court found the owner of a business, as trustee to its retirement plan,...
Tag: Litigation
Wal-Mart and Merrill Lynch to Pay $13.5M for Excessive Fee Suit
According to Forbes, Wal-Mart and its retirement plan administrator (Merrill Lynch) allegedly breached their fiduciary duty for nearly two million...
Plan Administrator not Liable for Fiduciary’s Diversion of Assets
November 28, 2011 (PLANSPONSOR.com) – The U.S. District Court for the Eastern District of Pennsylvania ruled a profit sharing plan...
NY Mets Owners Settle 401(k) Lawsuit
November 3, 2011 (PLANSPONSOR.com) – A firm run by owners of...
SURVEY SAYS: Is Litigation Prompting Plan Design Changes?
October 27, 2011 (PLANSPONSOR.com) - An article in the Wall Street Journal yesterday intimated that revenue-sharing litigation was “prompting” plan...
Opinions |
IMHO: Lessened, Learned?
October 26, 2011 (PLANSPONSOR.com) - When I’m talking to plan sponsors (and advisers) about the challenges of being an...
Brown Signs One Pension Bill, Vetoes Another
October 11, 2011 (PLANSPONSOR.com) – California Governor Jerry Brown has signed one pension bill intended to strengthen...
BNY Mellon Now Targeted by ERISA “Investigation”
October 5, 2011 (PLANSPONSOR.com) – Having drawn the scrutiny of regulators, Bank of New York Mellon now...
Opinions |
IMHO: “Nigh” Five
October 5, 2011 (PLANSPONSOR.com) - A few weeks back, I offered some notions about what the next five years...
Opinions |
IMHO: “Better” Business
September 28, 2011 (PLANSPONSOR.com) - There was another judicial decision in another revenue-sharing case earlier this month...
Another Plan Sponsor Win on Revenue-Sharing
September 26, 2011 (PLANSPONSOR.com) – Another plan sponsor has prevailed in a revenue-sharing case – and at...
Court Upholds Decision for Fidelity, Unisys in Excessive Fee Case
September 9, 2011 (PLANPSONSOR.com) – The 3rd U.S. Circuit Court of Appeals has upheld a district court ruling dismissing charges...
SURVEY SAYS: What’s Your Take on Retirement Trends?
August 11, 2011 (PLANSPONSOR.com) - Yesterday my IMHO column outlined five trends I thought would play out...
Opinions |
IMHO: Fifth "Avenues"
August 9, 2011 (PLANSPONSOR.com) - The year we began publishing PLANADVISER - 2006 - was a big year in many...
Wells Fargo Settles Pension Suit
July 8, 2011 (PLANSPONSOR.com) - Wells Fargo & Co. has agreed to pay $125 million to settle...
PSNC 2011: So, Sue Me
June 27, 2011 (PLANSPONSOR.com) – Don’t put anything in writing that you wouldn’t want printed in the Wall Street Journal.
Court Rejects Bank’s Efforts to Lay Blame on Pension Fund
June 24, 2011 (PLANSPONSOR.com) – For the second time, Union Bank’s attempt to throw liability for its allegedly imprudent investments...
Benefits |
Hagens Berman LLP Targets Cash Balance Conversions
June 17, 2011 (PLANSPONSOR.com) – If you’re a large employer, and you’ve done a cash balance plan...
California Pension Fund Sues Wilshire
June 7, 2011 (PLANSPONSOR.com) - The $2.7 billion Kern County Employees' Retirement Association (KCERA) has sued Wilshire...
Opinions |
IMHO: “Smoke” Signals
June 7, 2011 (PLANSPONSOR.com) - Plan sponsors spend a lot of time wondering – and worrying – about the “right”...