Compliance

Fiduciaries have a lot of responsibilities, but they are not required to predict the future, and cannot be held liable for deciding to avoid risks that, in hindsight,...

The form is important for tax-exempt organizations to file, not only to remain exempt, but to qualify to sponsor 403(b) plans.

A federal court judge has denied a motion to dismiss, allowing the case to move forward.

Of course, this review could lead to a delay in, or even halt of, implementation of the rule.

The idea of taking PBGC premiums “off budget” is nothing new, but the project is supported by a laundry list of retirement plan providers and their trade group...

The Getting It Right - Know Your Fiduciary Responsibilities seminar will be held at Arizona State University - Skysong on February 15.

The agency has adjusted for inflation penalties for certain reporting failures.

Plaintiffs from the Caterpillar retirement plan feel the price paid for advice was too high and was not transparently tied to the level of service delivered. 

“If there were any doubt about the best interpretation of the church-plan definition, it would be resolved by the position adopted and consistently applied by the IRS, DOL,...

Defendants unsuccessfully argued that the breach of fiduciary claims should be dismissed because they fulfilled their duties by offering an array of investment options.

A lawsuit filed against JP Morgan Chase in New York levels a series of allegations that are by now very familiar to retirement industry professionals. 

According to both district and appellate court rulings, the ESOP fiduciaries knowingly offered the employer stock at an inflated price. 

The complaint alleges that defendants “reaped significant fees and profits at the expense of the plan and its participants.”

Conflicting media reports have started to circulate, some to the effect that a delay of the DOL fiduciary rule has already been effectuated—others that are more skeptical this...

The Form 5500 is a foundational document for all qualified retirement plan clients; advisers can expect the document to be shared among regulators for potential review. 

A federal court rejected Franklin Templeton's arguments that the plaintiff in the case failed to state a claim.

This is the question in a petition before the Supreme Court in a case involving a leveraged buyout of an ESOP.

Commenters expressed concerns that the current definitions would preclude them from using forfeiture accounts to fund the contributions.

On an updated web page, the agency lists transactions, events, or trends that may be of concern.

The last day of the remedial amendment period for 403(b) plans is March 31, 2020.