Compliance

SEI held a webinar looking at how DC plans are changing and what this means for plan sponsors

Another law firm has joined in the filing of lawsuits against major universities' 403(b) plan designs.

All lawsuits accuse major universities of not using their bargaining power to get lower fees for recordkeeping and investments.

In a complex but informative ruling, a federal judge describes why many aspects of an ERISA complaint leveled against Allianz Asset Management should be allowed to proceed to...

According to the compliant, the university failed to use the plan’s bargaining power, causing the plan to pay “unreasonable and greatly excessive fees for recordkeeping, administrative, and investment...

The law firm of Schlichter, Bogard and Denton has unveiled new ERISA litigation targeting the MIT, NYU and Yale University.

The California Secure Choice Retirement Savings Program has received a lot of positive press for bringing much-needed attention to a difficult policy issue—but others warn the program could...

The appellate court voted to review en banc its previous decision in the excessive fee lawsuit.

A district court compelled arbitration for a spouse seeking the full benefits in her deceased husband's 401(a) and 403(b) plans.

In addition to cash payments, the settlement agreement also includes agreed upon provisions relating to plan administration.

Advisers and other stakeholders are being asked to weigh in on the FASB’s agenda. 

IRS is hosting a free webcast August 25 about the ongoing efforts of its Employee Plans Compliance Unit. 

The complaint says each time the plan paid fees to Neuberger Berman, or other Neuberger entities, in connection with the investments in proprietary funds, the defendants caused the...

A compliance statement lists the failures and a VCP applicant’s proposed corrections.

In addition to calling out Franklin Templeton for using high-cost proprietary funds in its plan, the lawsuit challenges its choice to offer its money market fund rather than...

The DOL charged that workers for a union trust fund were fired for filing an internal complaint regarding wrongdoing by the trustee and cooperating with a federal criminal...

IRS published a short, informal document explaining how its annual Cumulative List should be applied in the case of a terminating retirement plan. 

As long as plan sponsors make (and document) a reasonable effort to locate missing participants and benefices, they can leave alone Lines 4I of the Schedule H and...

The appellate court remanded the case back to a district court for further proceedings.

The payment is part of a settlement of a combined lawsuit by the DOL and SEC.