Tag: DoL

A coalition of advocacy groups representing U.S. retirement plan service providers filed a detailed comment letter with the federal Office of Management and Budget (OMB) leveling technical challenges...

Investment adviser Donald Gene DeWaay Jr., based in Johnston, Iowa, has paid $341,487 to 68 pension plans covered by the Employee Retirement Income Security Act (ERISA).

The Coalition to Preserve Retirement sent an open letter to Representative David Camp, R-Michigan, chairman of the House Ways and Means Committee, pushing back on certain tax reforms...

A survey of retirement plan sponsors from AARP suggests there is widespread support for holding more types of financial advice to a fiduciary standard.

This summer, the Department of Labor (DOL) will be holding free seminars about fiduciary responsibilities in Hartford, Connecticut, and Oklahoma City, Oklahoma.

The Internal Revenue Service (IRS) has released guidance on the treatment of marriages of same-gender couples with regard to retirement plans.

The U.S. Department of Labor (DOL) has filed a lawsuit to recover losses to the Cargill Heating & Air Conditioning Co. Inc. Savings Plan in La Crosse, Wisconsin.

Defined contribution (DC) plan sponsors are evaluating their current target-date funds (TDFs) and considering whether or not custom TDFs are a better option, a survey shows.

The Department of Labor (DOL) has filed a lawsuit to remove and replace a 401(k) plan trustee for failing to perform his duties.

Judging whether conflict of interest rules permit an adviser to recommend rollovers—under both current law and the pending fiduciary redefinition—hinges on three important considerations.

Ever wonder why so many different regulators are voicing concern over employer-sponsored retirement plan account rollover practices—especially rollovers into individual retirement accounts (IRAs)?

Aggregated qualified retirement plan audit data from the Department of Labor (DOL) shows that, of the 3,677 investigations closed in 2013, violations were found nearly 73% of the...

Retirement advice professionals must confront some acute challenges in the months and years ahead to ensure their ability to support clients—and grow their own firms—remains intact.

A federal court judge has denied a motion for immediate review by an appellate panel of one of the ongoing “church plan” cases.

The Department of Labor (DOL) is seeking approval to have an independent fiduciary appointed for an abandoned New York City retirement plan.

Same-gender couples need to become aware of the many workplace benefits and financial planning strategies that are now available, says James Mahaney of Prudential.

Retirement plan sponsors can outsource much of the work involved in filling out and filing annual Form 5500s, but they’re still responsible for the results.

The Department of Labor is presenting the “Getting It Right – Know Your Fiduciary Responsibilities” webcast series.

Small plans must be given more latitude to mimic their larger counterparts if the nation is to adequately fund its retirement needs, says Kristi Mitchem, of State Street...

The overwhelming majority of clients feel their advisers are serving their best interests and meeting fiduciary responsibilities, according to research from the Insured Retirement Institute (IRI).