Compliance

The Department of Labor’s (DOL) ERISA Advisory Council is examining practices for outsourcing employee benefit plan services.

Two U.S. Senators have introduced the Retirement and Income Security (RAISE) Act.

House Ways and Means Committee members introduced legislation designed to spur more employee-ownership in private industry.

The Financial Industry Regulatory Authority (FINRA) fined Merrill Lynch $8 million for failing to waive mutual fund sales charges for certain charities and retirement accounts.

In a report sent to Congress and the Department of Labor, the Massachusetts Securities Division (MSD) is asking for improved disclosures to retirement plan participants of company match...

The Supreme Court of the United States (SCOTUS) upheld a lower court’s determination that inherited individual retirement accounts (IRAs) do not share the same bankruptcy protections as self-funded...

A final judgment was entered against Saul Meyer in the enforcement action that arose from New York’s retirement fund corruption scandal.

From excluding large plans to asking for wording that would prompt consultation with the plan adviser, organizations are petitioning the Department of Labor (DOL) about the proposed 408(b)(2)...

An upcoming phone forum hosted by the Internal Revenue Service (IRS) will cover updates to retirement plans to reflect the agency's guidance regarding same-gender marriages.

The Department of Labor (DOL) has increased full-scope audits of retirement plans, said Lisa Barton, a partner with Morgan, Lewis & Bockius.

At the close of the 2014 PLANSPONSOR National conference five items rose to the top from the content covered during the conference that should be on your fiduciary...

A federal appellate court ruled Morgan Stanley & Co. and its CEO were not acting in a fiduciary capacity when deciding to make company contributions to two retirement...

The Department of Labor (DOL) reached a $5.25 million settlement with GreatBanc Trust Co., resolving allegations the Lisle, Illinois-based company violated the Employee Retirement Income Security Act (ERISA).

"I think the retirement crisis is beyond a crisis,” says U.S. Representative Reid Ribble (R-Wisconsin).

Target-date funds (TDFs) are again put in the Department of Labor (DOL) spotlight for comments. Widely held in retirement accounts, TDFs may not be fully understood by investors. 

A federal district court has ordered an Oregon realtor to repay more than $400,000 to the participants of its profit-sharing plan.

A plan sponsor’s lawsuit over revenue sharing payments has moved forward as a court found the sponsor's plan provider became a functional fiduciary by setting fees.

Plaintiffs' lawyer and 401(k) fee litigation specialist Jerry Schlichter doesn’t seem to mind his position among the most polarizing figures in the employer-sponsored retirement plan industry.

The Alaska Supreme Court ruled unmarried domestic partners have a right to some retirement benefits via a qualified domestic relations order (QDRO).

Witnesses at a Senate hearing discussed Social Security reforms that could boost potential retirement income for workers.