Compliance

Arizona Gov. Doug Ducey has signed into law a bill to establish a best interest standard applying to the sale of annuity contracts in the state.

Despite the frequent publication of regulatory guidance—or perhaps because of it—there remains a lot of confusion about how retirement plan fiduciaries should think about environmental and social justice...

The regional banking company is accused of breaches of the fiduciary duties of prudence and loyalty.

After attorneys suggested ways to help streamline the trial, the judge instructed the parties to inform the court of the reduced number of trial days now necessary for...

In yet another lawsuit involving the law firm Capozzi Adler, violations of the fiduciary duties of prudence and loyalty are alleged.

The IRS says it expects to issue the letters on June 30, or in some cases, as soon as possible thereafter, and an employer adopting a newly approved...

Echoing claims in an earlier suit filed by SEI, Arcesium is accusing SS&C Advent of abusive and anti-competitive licensing practices.

Such alignment would be consistent with what the Department of Labor leadership has been signaling for a number of years now.

Notice 2020-42 provides temporary relief from the physical presence requirement for any participant election witnessed by a notary public in a state that permits remote notarization or witnessed...

The underlying allegations in the case involve the 2012 spinoff of Phillips 66 from the ConocoPhillips Corp., a large oil and gas company.

An Information Letter addresses private equity investments as a component of a professionally managed asset allocation fund and outlines what plan fiduciaries should consider.

The Department of Labor has submitted a draft regulation to the Office of Management and Budget.

Part of the Supreme Court’s reasoning in affirming two lower court rulings in Thole v. U.S. Bank is the fact that the Department of Labor polices pension plan...

The agreement also calls for the university to issue an RFP for recordkeeping services and engage an independent consultant to review investments, among other things.

Normally the Supreme Court strives to structure its rulings with the narrowest possible scope and implications, but that is not always the case.

The agency says it is postponing deadlines for certain time-sensitive actions required by these plans and others because of the COVID-19 emergency.

The case is expected to help determine whether the millions of Americans whose pensions are held in defined benefit plans have the right to sue the fiduciaries of...

Plan participants allege prohibited transactions between a plan sponsor and its investment manager relating to a revamp of the plan's investment lineup.