Compliance

Though they applaud the direction the Department of Labor is taking, expert ERISA attorneys say a new proposed rule does not sufficiently explain how pooled employer plans can...

Prior to the issuance of its proposed rule on ESG investing in retirement plans, the DOL sent letters to plan...

The suit alleged excessive fees were paid to the recordkeeper of the company's 401(k) plan through undisclosed revenue sharing.

The DOL is proposing a new prohibited transaction class exemption for investment advice fiduciaries.

The allegations basically mirror those included in the long list of excessive fee suits filed.

Prime Healthcare Services is one of the latest targets of an ERISA 401(k) excessive fee suit.

The SECURE Act allows pooled plan providers to start operating pooled employer plans beginning on January 1, 2021, but providers must register before operations can begin.

A participant has until the due date (with extensions) for filing his federal income tax return for plan loan offset amounts resulting solely from the participant’s termination of...

The interim final rule includes assumptions plan administrators must use to calculate estimated lifetime benefit payments to be included on retirement plan participant statements.

Former employees of the company who were brought on through the 2008 Safeco acquisition say Liberty Mutual is failing to live up to promises it made to provide...

The model notices have been updated to reflect changes made by the SECURE Act.

Market volatility related to COVID-19 may have heightened the risk of misconduct in various areas that the SEC staff believes merit additional attention from advisers and compliance professionals.

Defendants are accused of failing to use the lowest cost share class for many of the funds in the plan and failing to consider CITs and index funds...

McKinsey & Co. and an RIA it owned were accused of ERISA violations that included prohibited transactions.

Since an influential Supreme Court ruling known as Dudenhoeffer, plaintiffs have struggled to defeat dismissal motions in so-call stock-drop lawsuits, but a new panel ruling in the 4th...

The lawsuit challenges fees for recordkeeping, target-date funds and stable value funds, as well as fees paid to service providers to the health care system's 403(b) plan.

A federal judge granted summary judgment to American Airlines in a suit challenging the use of the AA Credit Union Fund in its 401(k).

The case is yet another example of Employee Retirement Income Security Act (ERISA) litigation to question the use of actively managed default investments.

Several interim rulings have been handed down in the case, which asks some key questions about the meaning of the term ‘actuarial equivalence’ in the context of ERISA...