Compliance

The agency has announced three locations at which it will host its seminar.

The IRS, EBSA and the PBGC want to simplify and improve the process of creating and submitting the Form 5500 for employers. 

The DOL published a pretty substantial list of technical corrections to the Best-Interest Contract Exemption—including mostly minor clarifications but also a few potentially substantial adjustments. 

After 16 years, a court has consolidated and moved forward ERISA claims of agents who had their employment status changed by Allstate.

A district court found the plaintiff did not meet pleading standards set forth in Fifth Third v. Dudenhoeffer.

After an initial “catch-up” adjustment, the DOL will adjust civil monetary penalties annually for inflation.

The SEC is bumping up staff for investment adviser examinations, but actions on a fiduciary rule and TDF disclosures are still pending.

A participant in Walt Disney Company's retirement plan is suing fiduciaries for not removing a fund that was overly concentrated in a pharmaceutical company's stock.

The complaint says the retention of American Century's proprietary mutual funds in its own 401(k) has cost plan participants millions of dollars in excess fees.

In addition to calling Fujitsu's 401(k) the most expensive large plan in the country, the lawsuit calls out the defendants design and implementation of custom TDFs.

Rev. Proc. 2016-37 ends the remedial amendment cycle system for individually designed plans and replaces it with a new approach to the remedial amendment period.

The plaintiffs in the case have voluntarily dismissed the action.

Under the terms of a proposed lawsuit settlement, Transamerica will have to make structural changes in the way it runs its own retirement savings plan, including changing how...

The Securities and Exchange Commission is proposing a new rule and rule amendments under the Investment Advisers Act of 1940 aimed at bolstering advisory industry succession planning. 

A federal lawsuit alleges actions taken by fiduciaries resulted in losses exceeding $5.9 million to the Triple T Transport Inc. Employee Stock Ownership Plan.

In conversation with Anne Lester, one of J.P. Morgan’s leading voices on public policy, we hear about the growing sense of urgency she sees in Washington to help...

The dismissal of the lawsuit against State Street still stands.

According to the court opinion, as of November 2015, there were more than 270,000 ERISA plan participants in 13,600 retirement plans invested in the fund at issue in...

A federal court said that by not repaying the overpaid funds, the former participant has breached her ERISA fiduciary duties.

The proposed regulations include a withdrawal of a specific provision of the notice of proposed rulemaking published in December 2008 regarding the calculation of amounts includible in income...