Tag: ERISA

New software from fi360 provides broker/dealers and advisers with advanced fiduciary oversight capabilities. 

The firm says its latest assessment tool is part of a larger readiness campaign to prepare advisers for a new fiduciary paradigm. 

A federal judge rejected defendants’ argument that the lawsuit, filed in December 2015, was time-barred by ERIA’s various statutes of limitation.

Another participant in a Wells Fargo retirement plan is accusing the bank of breaching its fiduciary duty in the management of company stock offered as a retirement plan...

The bank’s recent troubles over illegal sales practices have led retirement plan participants to file an ERISA stock drop suit, claiming plan fiduciaries continued to offer Wells stock...

The court found one executive in particular was not a fiduciary to SunTrust's DC plan.

A federal judge ruled the lead plaintiff does not have standing to bring his claim because he never purchased or sold ADRs of Sanofi during the alleged period...

The DOL filed a proposal to dismiss the lawsuit after the contractor made a payment to the plan.

The lawsuit notes that the plan's fiduciary ignored multiple suggestions to hire a professional to manage the plan's investments.

A concise example of summary judgement published by the 2nd U.S. Circuit Court underscores retirement plan fiduciaries’ absolute duty to diversify and carefully administer participant assets. 

ERISA Section 502(a)(3) may extend to remedy inequitable conduct pertaining to a supposed waiver of plan rights and to a breach of the general good faith standard of...

More than half of broker/dealers surveyed by the LIMRA Secure Retirement Institute believe some of their advisers will retire rather than sell under the new.

The high court has granted a stay on a lower court's mandate for Dignity Health to get its pension plan in compliance with ERISA.

Fidelity finds the number of financial advisers who see opportunity in DOL conflict of interest reform has more than doubled in recent months; other advisers are planning to...

Experts range in their confidence about Congress’ desire and ability to enact meaningful retirement-focused legislation, either before or after the upcoming presidential election. 

Participants in a Northrop Grumman retirement plan are just the latest to file a lawsuit alleging their employer willingly paid excessive provider fees—seeking to certify a class of...

Defined contribution plan participant experience expert expresses real confidence in the industry’s ability to “solve the portability problem.”