Compliance

The American Society of Pension Professionals & Actuaries (ASPPA) asked the IRS to issue guidance clarifying the application of the one-year “holdout” rule.

The American Benefits Council has unveiled a six-point plan to address the ongoing, accelerated decline in defined benefit pension plans.

The Department of Labor (DOL) issued compliance information for employee benefit plans adversely affected by Hurricane Sandy.

The Securities and Exchange Commission filed 147 enforcement actions against investment advisers and investment companies, one more than the previous year’s record number.

In the coming weeks and months, lawmakers will focus on tax reform.

The SEC said MassMutual failed to disclose the potential negative impact of a "cap" placed on a complex investment product for retirement.

A $220 million settlement agreement resolves a lawsuit brought by the Department of Labor against four investment management firms.

Attorney General Eric T. Schneiderman announced a settlement of more than $210 million with Ivy Asset Management.

Moving to a more risk-based system would shift Pension Benefit Guaranty Corporation (PBGC) premium costs among sponsors.

An employer did not violate ERISA by eliminating the right to transfer from a defined contribution to a defined benefit plan, a court found.

The Supreme Court declined to review two cases where plan sponsors were found to have a presumption of prudence related to company stock offerings.

Drinker Biddle & Reath asked the Department of Labor (DOL) to provide relief for inadvertent fee disclosure errors.

A federal bankruptcy court has approved an agreement between Kodak and retirees to end other post-employment benefits (OPEB).

The Department of Labor (DOL) stated its position regarding whether a purchase or sale of a single property by a pension trust violates ERISA.

A court has found that a plan fiduciary cannot discharge debt owed to the plan because of Employee Retirement Income Security Act (ERISA) violations.

A recommendation from the American Society of Pension Professionals & Actuaries (ASPPA) would avoid inadvertent deactivation of a retirement plan trust’s EIN. 

The Department of Labor (DOL) does not only investigate retirement plans, it also investigates service providers.

The job of regulatory agencies is to encourage the offering of retirement plans. 

Zamansky & Associates LLC is investigating the Hewlett-Packard Company’s 401(k) plan for potential violations of the Employee Retirement Income Security Act (ERISA). 

Two Maryland men pled guilty to engaging in a scheme to steal allegedly over $9 million from an employee pension plan.