Compliance News
Compliance News
Legislative and judicial actions
Reported by
John Manganaro and Rebecca Moore
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DOL Pauses Paper Benefit Statements Requirement
The SECURE 2.0 Act required defined contribution plans to provide at least one paper pension benefit statement each calendar year.
Appellate Court Dismisses Forfeited Funds Case Against Wells Fargo
The U.S. 8th Circuit Court of Appeals is the first appellate court to decide whether former employees and plan participants...
Ford Accused of Improper Use of Employees’ 401(k) Savings
Ford retirement plan fiduciaries allegedly used participant assets, rather than company funds, to pay administrative expenses.