DoL Announces Fiduciary Responsibilities Webcasts
The U.S. Department of Labor's Employee Benefits Security Administration announced two upcoming “Getting It Right – Know Your Fiduciary Responsibilities” webcasts.
Tag: ERISA
Wilkes Joins The Wagner Law Group
Stephen Wilkes joined The Wagner Law Group in its San Francisco office.
Tips for Preparing for 408(b)(2)
A webcast by The Spark Institute examined details of the Department of Labor’s (DoL) final 408(b)2) regulation.
Castle Rock Offers Benchmarking Tools
Castle Rock Innovations, LLC (CRI) is offering tools that focus on benchmarking fees and services.
Settlement Entered in Kraft Excessive Fees Case
Kraft Foods Global agreed to pay $9.5 million to settle a lawsuit over excessive fees for its 401(k) plan investments.
EBSA to Host VFCP Advanced Workshop
The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) is hosting a voluntary fiduciary correction program (VFCP) advanced workshop.
ERISA Attorney Offers Multiple-Employer Plan
Ary Rosenbaum, a New York-based Employee Retirement Income Security Act (ERISA) attorney, is introducing a new 401(k) plan for small- to mid-sized employers.
Tribune Workers Have Retirement Savings Restored
The Tribune Co., GreatBanc Trust Co. and various insurance carriers completed funding a global settlement of $32 million for the Tribune Employee Stock Ownership Plan’s participants.
Defunct Company Ordered to Restore Retirement Plan Assets
The U.S. Department of Labor (DoL) obtained a summary judgment ordering Compass Capital Partners Ltd. and owner Harris M. DeWese to restore $661,206 to the defunct West Chester,...
Campbell Joins Drinker Biddle & Reath LLP
Drinker Biddle & Reath LLP hired Bradford P. Campbell, former assistant secretary of Labor of the Employee Benefits Security Administration (EBSA), as counsel in its Employee Benefits & Executive...
Understanding the New 403(b) Model Disclosure Form
One of the key reasons for the 403(b) Transparency Taskforce’s new 403(b) model disclosure form is so vendors can show plan sponsors that they offer more than just...
PNC Adds Mesirow Financial's Fiduciary Services
Mesirow Financial and PNC Institutional Investments introduced Employee Retirement Income Security Act (ERISA) Section 3(21) and 3(38) fiduciary services for PNC's Vested Interest retirement plan sponsors.
Employer Breached ERISA by Failing to Make Rollover Distribution
An employer breached his fiduciary duties under the Employee Retirement Income Security Act (ERISA) by failing to honor a former employee’s rollover distribution request.
Pioneer Launches Tool for 408(b)(2) Compliance
Pioneer Investments launched a tool for registered investment advisers (RIAs) to help them comply with the new 408(b)(2) regulation.
Controlling Funded Status Volatility Top Priority Among Pension Plan Sponsors
Pension plan sponsors view controlling funded status volatility as the top priority for their organizations, reports an SEI Quick Poll.
DoL Sues Company for Failure to Remit Contributions
The U.S. Department of Labor (DoL) filed a lawsuit against Towson Rehabilitation Center LLC and CEO Howard Neels for failing to remit employees’ contributions to the company’s 401(k)...
Plan Advisers Must Understand Final 408(b)(2)
Now that the Department of Labor’s (DoL) regulation for 408(b)(2) has been finalized, it is important for plan advisers to understand how the final ruling impacts them.
Industry Players Mostly Pleased with Final Rule on 408(b)(2)
Members of the retirement plan community were mostly positive about the final rule on 408(b)(2) fee disclosure regulations.
EPIC Advisors Selects Platform to Provide 408(b)(2) Compliance
EPIC Advisors Inc. (EPIC) chose Castle Rock Innovations’ (CRI) AXIS Retirement platform to provide compliance with the Department of Labor’s 408(b)(2) fee disclosure requirements.
DoL Issues Final Rule on 401(k) Fee Disclosure
The U.S. Department of Labor’s (DoL) Employee Benefits Security Administration (EBSA) issued a final rule on 408(b)(2) fee disclosure Thursday.