Compliance

A U.S. Court of Appeals has overturned a $2.1 million award won by an ex-Merrill stockbroker, but upheld the original verdict, along with an $850,000 award for defamation.

The Social Security Administration announced the monthly Social Security and Supplemental Security Income benefits for more than 54 million Americans will increase 2.3% in 2008.

In the midst of a growing concern about the vulnerability of senior citizens, the Financial Industry Regulatory Authority (FINRA) has announced the availability of a free, instructional webcast...

The Government Accountability Office (GAO) has issued a report detailing the impact of specific changes to Social Security and retirement benefit laws could have in helping to narrow...

The Department of Labor’s Employee Benefits Security Administration (EBSA) has issued new guidance of the timing of participant benefit statements for plans in which participants cannot direct their...

The U.S. Department of Labor's Employee Benefits Security Administration (EBSA) has released an interactive calculator to help employers and plan administrators who faltered on annual reporting requirements accurately...

The Keller Rohrback L.L.P. law firm has is investigating State Street Global Advisors (SSgA) and State Street Bank&Trust Company for potential violations of the Employee Retirement Income Security...

Advanced copies of the 2007 Form 5500 Annual Return/Report of Employee Benefit Plans and related instructions were released Wednesday by the U.S. Department of Labor (DoL), the Internal...

The Treasury Department and the Internal Revenue Service (IRS) on Tuesday issued a notice providing guidance on the corporate bond yield curve and associated segment rates to be...

On Tuesday, Senator Hillary Rodham Clinton (D-New York) proposed legislation that would ensure a dollar-for-dollar government match on the first $1,000 in employee 401(k) contributions and would offer...

The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) on Tuesday unwrapped a new Web site designed to help employers better comply with federal employee benefit laws...

The Internal Revenue Service (IRS) has released a list of the 11 most common mistakes made in the administration of 401(k) plans and how to correct or avoid...

Retirement industry groups told the U.S. House Education and Labor Committee last week that a legislative proposal calling for greater disclosure of 401(k) fees would be too overwhelming...

Attorneys General in Alaska and Idaho are looking into possible legal action against State Street Corp. over losses their state retirement funds suffered investing in two enhanced index...

The testimony presented at last week’s hearing by the House Education and Labor Committee on the issue of 401(k) fees was remarkably consistent, IMHO, certainly compared with the...

A federal judge in Connecticut has cleared the way for the trustees of five 401(k) plans to pursue their claims that Nationwide Financial Services was a fiduciary because...

The Prudential Retirement Insurance and Annuity Co. (PRIAC) on Monday filed suit against State Street Global Advisors (SSgA) over losses in SSgA-managed funds for which PRIAC claims the...

The U.S. House Education and Labor Committee will hold a hearing Thursday to discuss a proposal requiring greater 401(k) fee disclosure by plan sponsors and providers.

Despite the variety of advisers, practices, business models, and broker-dealer affiliations at our recent PLANADVISER National Conference, there was a remarkable degree of convergence of purpose in evidence.

A group representing individual investors has released a study asserting that a Wall Street watchdog has too easily allowed brokers to expunge client complaints from their records –...