Compliance News
Legislative and Judicial Actions
Key legislation, regulations and litigation from Washington, D.C., and the courts.
Reported by
PLANADVISER Staff
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ERIC Backs Employers in 2 ERISA Cases, Warns Against Expanding Fiduciary Liability
The employer group argues that recent cases seek to recast plan sponsor decisions as fiduciary acts.
Trader Joe’s Ordered to Pay $1.2M for Failure to Monitor ‘Excessive’ Fees
However, the grocery chain prevailed against claims it misused forfeited participant funds and offered poorly performing investments.
Arizona Judge Does Not Dismiss ERISA TDF Lawsuit
Fiduciaries of the Discount Tire/America’s Tire Retirement Plan are accused to retaining a suite of target-date funds that lagged comparable...
