Tag: Department of Labor (DOL)

Reviewing firm practices for recommending and marketing individual retirement account (IRA) rollover services will be a 2014 priority for the Financial Industry Regulatory Authority (FINRA).

The retirement industry is anticipating a fiduciary re-definition and rules about lifetime income illustrations for plan participants, but there is much more in the pipeline.

The Department of Labor (DOL) is seeking to restore losses to an employee stock ownership plan (ESOP) based in Warsaw, Indiana.

The Department of Labor (DOL) hopes to remove the trustee of a 401(k) plan based in Elgin, Illinois.

The Department of Labor (DOL) has received court authorization to compel the trustee of a profit-sharing plan in Aiea, Hawaii to restore mismanaged plan assets.

Witnesses during a U.S. Senate committee hearing argued that defined contribution (DC) plan design is key to solving the retirement crisis in America.

The Internal Revenue Service (IRS) has temporarily addressed the problem of discrimination defined benefit (DB) plan sponsors may have due to closed plans.

A federal district court has issued a judgment that authorizes the appointment of an independent fiduciary for an Indiana 401(k) plan.

A group of retirement industry advocacy groups are urging the Treasury Department to ensure same-gender spouse rule changes won't apply retroactively for qualified retirement plans.

When a plan subject to the Employee Retirement Income Security Act (ERISA) appoints an investment manager to manage a portion of the plan’s portfolio, the plan will frequently...

Retirement plan advisers can get their fiduciary responsibility questions answered during a Department of Labor (DOL) seminar in New York City.

A federal court order appointed an independent fiduciary for a Holtsville, New York retirement plan.

The Department of Labor (DOL) has released informational copies of the new Form 5500.

The American Society of Pension Professionals and Actuaries (ASPPA) is petitioning regulators for easy-to-apply guidance to add same-gender spouses to qualified retirement plans.

A Department of Labor (DOL) lawsuit has resulted in a supermarket chain, headquartered in Brookings, Oregon, to restore assets to its retirement plan.

The Department of Labor (DOL) has filed a lawsuit in U.S. district court to recover plan assets from the fiduciaries of Omni Resources Inc., a Milwaukee-based information technology...

More than nine in 10 financial advisers continue to oppose a pending Department of Labor (DOL) rule change expected to broaden the definition of “fiduciary.”

Six years may be a good document retention yardstick, but advisers should warn their plan sponsor clients that it may not be right for retirement plans.

The Pension Benefit Guaranty Corporation (PBGC) announced the yearly maximum guaranteed benefit for a 65-year-old retiree will increase next year to nearly $59,320 from about $57,500.

A new website offers plan sponsors and advisers guidance on meeting fiduciary obligations related to employer-sponsored retirement plan fee disclosure regulation.