Latest News

Compliance

October 04, 2017

ERISA Suit Against John Hopkins Partially Tossed

The plaintiffs’ allegations regarding what they allege to be an excessive amount of investment options was summarily tossed by the court, which cites a number of important recent cases as precedence; however, claims regarding excessive recordkeeping fees and providers will proceed. 

October 02, 2017

Fidelity Found Not Liable in Excessive Fee Suit

Participants of the of the Delta Family-Care Savings Plan sued Fidelity entities regarding excessive fees charged for the plan’s advice offering as well as its self-directed brokerage account (SDBA) option.

September 29, 2017

SEC Provides Its Own Relief for Hurricane Victims

Joining a number of other regulatory agencies, the SEC has issued important easements and compliance relief provisions for companies and individuals impacted by three recent hurricanes striking the U.S. and its territories.

September 27, 2017

IRS Says 403(b) Plans May Use Effective Date Addendums

Some sponsors that want to use a pre-approved plan have certain provisions that were not in effect for the plan for the entire restatement period or options that have changed during the restatement period.