Tag: ERISA

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.”

A defunct company and its 401(k) plan trustee have been ordered to restore contributions that weren't remitted to the plan as well as interest on contributions.

Just two out of an increasingly large pile of amicus briefs filed in relation to litigation seeking to halt the new DOL fiduciary rule will be considered—both of...

An Employee Retirement Income Security Act (ERISA) lawsuit filed by participants in a Chevron Corporation defined contribution (DC) plan has been dismissed after a hearing before the U.S....

Employees of HP Inc. and United Airlines filed suit over treatment of returns and interest on “float income” generated by cash in transit. 

A strategic partnership between Efficient Advisors and Gladstone Analytics will help financial planning businesses asses their client base and plan for their own future.  

In a complex but informative ruling, a federal judge describes why many aspects of an ERISA complaint leveled against Allianz Asset Management should be allowed to proceed to...

For a significant number of benefit plan sponsors and participants, the successful effort to strike down the Defense of Marriage Act is still having an impact.

Most advisers feel they are making good progress on addressing the Department of Labor fiduciary rule, according to a Nationwide Retirement Institute survey.

According to the compliant, the university failed to use the plan’s bargaining power, causing the plan to pay “unreasonable and greatly excessive fees for recordkeeping, administrative, and investment...

The California Secure Choice Retirement Savings Program has received a lot of positive press for bringing much-needed attention to a difficult policy issue—but others warn the program could...

A district court compelled arbitration for a spouse seeking the full benefits in her deceased husband's 401(a) and 403(b) plans.

In addition to cash payments, the settlement agreement also includes agreed upon provisions relating to plan administration.