Compliance

SS&C Technologies acquired DST Systems, so the new lawsuit is similar to a previous one against DST for failing to diversify assets in its profit sharing plan.

Regulation Best Interest lays out the core loyalty and disclosure duties of advisers and broker/dealers—and how these can be satisfied.

Once a federal judge dismissed the breach of fiduciary duty claims, she found most defendants were not fiduciaries with respect to the remaining claim.

According to the court, the consolidated complaint “pleads no facts sufficient to raise a plausible inference that defendants took any of the actions alleged for the purpose of...

In announcing a new digital process for self-disclosures and corrections of plan errors, the IRS also says it is currently developing guidance on “other issues relating to the...

At the heart of the complaint were guaranteed investment contracts, a type of group annuity contract sold to retirement plans, issued by Principal to ERISA-covered retirement plan participants.

Mostly party-line House action this week included passage of the Family Savings Act, which features key provisions drawn directly from the popular Retirement Enhancement and Savings Act.

The amendment is a fiduciary rule safe harbor for the selection of a lifetime income provider for retirement plans.

The DOL wants to ensure that retirement plan advisers are delivering on all services listed in their contracts with retirement plan sponsors.

To this day, one of the most common reasons plan sponsors turn to advisers is to get assistance with governance, including items such as putting in processes that...

A significant split among circuit courts on this issue remains unresolved.

The IRS has issued two modified safe harbor explanations which take into consideration changes related to qualified plan loan offsets and other statutory changes.

There are several bases on which the court could impose sanctions.

Women's household income and assets, on average, fell by 41% with divorce.