Compliance

The real estate giant allegedly ignored climate-related financial threats and kept an underperforming fund in its retirement plan.

Advisers face major compliance risks if they can no longer oversee—or explain—their AI output.

BlackRock Inc. and State Street Corp., which were also named in the complaint, have not settled.

The Department of Labor has proposed replacing its 2024 independent contractor rule with a revised version of its 2021 rule,...

Participants may need better awareness of the tax credit for retirement account contributions, as well as other savings account opportunities.

The presidents' proposal resembled the Saver’s Match established by SECURE 2.0.

Plan administrators would need to mail annual paper benefit notices and allow more paper opt-ins in compliance with the SECURE...

Rules governing required minimum distributions from retirement accounts, first proposed in February 2022, will not take effect until at least...

The plaintiffs contend that the financial services firm ignored and retained underperforming investments at the expense of plan participants.

Employer, retirement and investment firms wrote letters to the Department of the Treasury asking for clarity on the savings accounts’...

The insurer maintains its retirement plan was managed prudently and in compliance with federal law.

The Mar-Can Transportation Co. faced approximately $1.8 million in assessed liability after switching unions.

More than $21 million currently held in Providence Health & Services’ forfeiture accounts will be distributed to plan participants.

The telecommunications company excluded a shareholder proposal that would require it to publicly disclose detailed workforce demographic data.

Experts say the conversation about alternative investments in defined contributions plans has shifted from whether they can be used in...

Addressing the House Committee on Financial Services, Paul Atkins said that 401(k)s should have access to alternative investments, much like...

Intel workers are contesting the private equity investments within their 401(k) plan.

The new federal reporting provisions for pharmacy benefit managers are more than a generic transparency mandate, according to Groom Law...

A federal judge dismissed a complaint challenging Vanguard Marketing Corp.’s $100 fee for customers who close their brokerage accounts and...

The district judge denied a motion to dismiss claims that Illinois Tool Works and its plan fiduciaries had breached their...