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The complaint notes that the definition of compensation for deferral purposes in the plan document includes tips received.

It has never been more expensive to fund a stream of guaranteed retirement income, nor have individuals been so in need of guarantees generated outside of large collective...

The companies are offering a support program to investors affected by the COVID-19 pandemic for free for nine months.

MassMutual hires regional managing directors for retirement services; Callan names private equity SVP; and IRI adds changes to executive committee...

The plaintiffs say there is additional evidence for their claims, “such as incorrect reporting on mandatory Department of Labor disclosures about the amount of administrative fees paid by...

The DOL alleged Wilmington Trust caused losses to ESOPs when it authorized them to pay more than fair market value for privately held employer stock.

FINRA previously addressed reporting of Paycheck Protection Program loan forgiveness in its FAQs related to COVID-19.

The dedicated features will be listed on the firm's homepage, where advisers and employers can receive updates, analysis and decision-support guides. 

Easing the impact on savings rates was the fact that personal consumption expenditures were down by 7.5% during the month of March, according to the Bureau of Economic...

A court found most actions alleged in participants' complaint were not fiduciary functions.

One of the defendants in the case, the trustee who oversaw a questioned ESOP buyback transaction, was at the time allegedly working as the chief financial officer of...

Since this resource is viewed as a lifetime guaranteed income source, some older workers scrambling for relief are considering it their only solution.

The agency is relaxing timing rules for certain actions and notices if timing is affected by the COVID-19 outbreak.

The plaintiffs sued for failing to seek competitive bids for recordkeeping, but admitted to not knowing the amount Trader Joe’s paid in recordkeeping fees.

The lawsuit alleges the defendants did not try to reduce the plan’s expenses or exercise appropriate judgment to scrutinize each investment option that was offered in the plan...

A bill introduced in the House of Representatives would increase 415 annual addition and 402(g) elective deferral limits for the 2020 calendar year.

At a digital hearing conducted by the Iowa Insurance Division, industry representatives asked the state regulator to grant a safe harbor for broker/dealers that comply with Reg BI.