U.S. Bank Wins Appellate Confirmation of ERISA Litigation Dismissal |
The Eight Circuit Court of Appeals has backed the decision of a lower court to summarily dismiss a lawsuit filed by participants in an over-funded defined benefit plan run by U.S. Bank.
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District Court Halts Some Portions of MIT ERISA Challenge |
Interpreting and applying a series of detailed recommendations from a magistrate judge, the district court will allow some parts of the litigation against MIT’s retirement plan fiduciaries to proceed.
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Suit Disputes Inclusion of Former Parent Company Stock in DC Plan |
The Phillips 66 retirement plan committee has been sued for allowing ConocoPhillips stock funds to be included in the plan’s investment lineup.
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Half of Americans Consider Themselves Knowledgeable on HSAs |
Research reveals that while 51% of American consumers consider themselves very or somewhat knowledgeable about the features and benefits of HSAs, almost half of that group wrongly believe an account holder must spend the total HSA balance by year end or risk losing it.
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RIA M&As Increased 23% in the Third Quarter, ECHELON Reports |
Mergers and acquisitions in the RIA industry are setting new records for the fifth consecutive year.
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