Compliance

A judge struck down parts of Prohibited Transaction Exemption 2020-02 that allowed the Department of Labor to treat certain relationships...

In a letter, the committee, comprised of legal professionals representing employee benefits stakeholders, expressed concern that legislative shifts aimed at...

The asset classes should be available to retirees to help with the ‘democratization of private investing,’ Empower CEO Edmund Murphy...

Notably, the defined contribution retirement plan sector is relatively unchanged by President Donald Trump’s key legislation.

The request, made July 1, indicates the Department of Labor is preparing PEP-related reports, per provisions in the SECURE and...

President Trump signed the measure that preserves tax deferral for retirement savings, raises taxes on certain endowments, makes cuts to...

A jury awarded plaintiffs in the case, Khan et al. v. Board of Directors of Pentegra Defined Contribution Plan et...

The FY 2026 budget bill includes the provision creating the Massachusetts Secure Choice program.

Originally filed in 2021, the lawsuit alleges the company violated ERISA by retaining target-date funds that were high cost and...

The judge ruled that the defendants had not breached their fiduciary duty by acting in their own interests, following a...

The Department of Labor’s Employee Benefits Security Administration announced on Monday that it is removing three interpretive bulletins related to the Employee...

The SEC's Office of the Investor Advocate as previously highlighted potential risks for retail savers posed by the expansion of...

Trump’s nominee now moves to a full Senate vote to determine whether he will lead the Department of Labor agency tasked with...

Democratic Senator Elizabeth Warren wrote to the company’s CEO, Edmund Murphy III, outlining concerns about the asset class and demanding...

An indictment alleges that Michael Collins stole funds from multiple employers by invoicing them for nonexistent services from companies he...