Compliance

Nearly all American investors agree financial advisers should be required to proactively disclose conflicts of interest, actual or potential, to would-be clients. 

The amount of cyber risk exposure in the financial services industry can be downright frightening to think about, but details of a recent settlement reached between the SEC...

A survey of institutional asset managers highlights persistent uncertainty and lack of preparedness around pending SEC money market reforms.

A court found a pension plan’s SPD materially conflicted with the plan document, so a participant who expected to receive certain benefits can seek relief.

An adviser’s broad perspective and timely nudges can help the plan sponsor steer clearly through major changes.

DOL says the proposed rule has been sent to the Office of Management and Budget.

The IRS published procedures for plan sponsors to request a waiver of the electronic filing requirements for Form 8955-SSA and Form 5500-EZ.

PBGC anticipates about 94% of plans and sponsors will be exempt from many reporting requirements.

Hearings before two House Financial Services subcommittees add more commentary to the debate about the DOL's proposed fiduciary rule.

The company will pay $2.5 million.

Clarifying regulations could help plan sponsors choose plan investments, the GAO says.

The guidance also contains final excise tax regulations applicable to both single-employer and multiemployer defined benefit plans.

A lawsuit says BAT Masonry was valued at $13 million less than what its ESOP paid for company stock.

Questions about whether funds can be identified in the participant’s possession and when the statute of limitations started to accrue have pushed forward an ERISA lawsuit.

A health care company filed no annual reports, did not perform valuations and took more than $1.6 million in improper distributions in violation of ERISA, the DOL alleges.

The Cooperative and Small Employer Charity Pension Flexibility Act specifies funding requirements for certain pensions that were not immediately affected by PPA funding rules.

EPCU projects are a kinder, gentler way to ensure retirement plans comply with regulations.

The agency is hosting a free webcast in which the determination letter program and new pre-approved plan document programs will be discussed.

Plaintiffs’ attorney in the case confirms provisional settlement has been reached in class action filed on behalf of 190,000 Boeing retirement plan participants. 

The DOL says officials at Cement Masons Southern California Trust Funds illegally retaliated against a whistleblower who flagged ERISA violations.