Trends and Implications of Upcoming Regulations
Speaking on a Webcast sponsored by Principal Financial Group, James Delaplane, a partner at Davis & Harman LLP, examined the three major regulations coming out of Washington this year,...
Tag: ERISA
Managing Disclosure Requirements, One Step at a Time
Fee disclosure regulations coming in 2011 and 2012 may seem daunting, but they also abound in opportunities.
ERIC Urges Exclusion of Benefit Plans from Swap Regs
Commenting on swap regulations under the Dodd-Frank financial reform bill, the ERISA Industry Committee (ERIC) asked for special considerations for employee benefit plans.
ERIC Argues Stock Drop Dismissal Should Stand on Appeal
The ERISA Industry Committee (ERIC) urged a federal appellate court not to disturb a lower court decision throwing out a stock drop suit against ING.
New Definition of Fiduciary? Hold that thought…
With Washington causing quite a stir in proposing changes to the definition of fiduciary, the Virtual PLANADVISER National Conference brought together experts to discuss the realities of such...
EBSA Releases New Batch of ERISA Advisory Opinions
Federal regulators issued a series of advisory opinions from correspondents asking for interpretations of the Employee Retirement Income Security Act (ERISA).
RadioShack Settlement Deemed Fair
A federal judge in Texas gave final approval to a $2.4-million settlement of a class-action suit against RadioShack for breaching its fiduciary duty.
What's in Store for 2011
Laying it all out on the table, PLANSPONSOR and PLANADVISER’s Editor-in-Chief, Nevin E. Adams, opened the first Virtual PLANADVISER National Conference (VPANC) by outlining the top 10 trends...
Guttenberg Joins Bracewell & Giuliani ERISA Practice
Jeleen Guttenberg joined the Bracewell & Giuliani LLP law firm, which specializes in employee benefits, ERISA and Executive Compensation matters.
ERIC: Fiduciary Redefinition Could Discourage Assistance
The ERISA Industry Committee (ERIC) warned the Department of Labor (DoL) about the unintended consequences that can result from broadening the definition of fiduciary.
7th Circuit Stock-Drop Rulings Seen as Helping Employers
A federal appellate court recently issued two rulings in stock-drop cases that may play a critical role for future employer-defendants.
Court OKs Class Actions for ERISA Cases
A federal appellate court has ruled that it can be appropriate for a class of defined contribution plan participants to sue for relief under the Employee Retirement Income...
ERIC: Hybrid Plan Rules Should Encourage Plan Creation
The ERISA Industry Committee (ERIC) submitted to the Treasury Department and Internal Revenue Service (IRS) a series of letters on proposed and final regulations about cash balance and...
Participants Lose Second Attempt in Medtronic Stock Suit
After filing an amended complaint, participants of Medtronic Inc.’s retirement plan failed to convince the court that the company breached its fiduciary duties by continuing to offer company...
Court Allows Ambac Stock Drop Case to Proceed
A federal judge in New York rejected claims that plan fiduciaries are immunized against stock drop suits if the plan mandates company stock investments; a decision not commonly...
Ex-Business Owners Responsible for Plan Losses
Former owners of a St. Paul, Minnesota, business services company are jointly liable for repaying losses to the company’s retirement plan after they used plan assets to pay...
Judge Settles on Alliant Payout Interest Rate
A federal judge in Wisconsin has ordered Alliant Energy Corp. to use an 8.2% interest rate when it carries out lump-sum distributions from its cash balance program.
EBSA Regulatory Agenda Focuses on Fees
In a live Web chat discussing the Department of Labor’s Employee Benefits Security Administration’s (EBSA) Semiannual Regulatory Agenda, Assistant Secretary of Labor Phyllis C. Borzi said the Agency will...
The Wagner Law Group Names John Sohn Partner
John J. Sohn has been named a partner of The Wagner Law Group, effective January 1.