Tag: Legislation

New fee transparency regulation, along with a number of widely publicized fee-related litigation cases, helped drive costs related to retirement investment account administration to record lows this year.

Several factors have created a retirement funding gap that is estimated to be as high as $6 trillion, said panelists in a discussion at BlackRock.

Word that the Department of Labor (DOL) is stepping up its enforcement is being backed up by the number of actions being announced.

The Department of Labor (DOL) will host a two-part webcast this month to discuss the Patient Protection and Affordable Care Act (PPACA) with employers.

Retirement plan sponsors can reset their annual due date for providing participant fee disclosures under relief provided by the U.S. Department of Labor.

The American Benefits Council has requested guidance about how the ruling on the Defense of Marriage Act (DOMA) will affect health and retirement plans.

Lawmakers in several states have proposed the idea of state-run retirement plans for private sector workers, a move that some say could be bad news for advisers.

The House Committee on Financial Services passed a bill Wednesday that would collar expected rulemaking from the Department of Labor (DOL) to amend the fiduciary definition.

Florida’s governor enacted legislation on Monday making it a notice-filing state for branch office applications.

The SPARK Institute submitted a letter to legislators raising concerns about proposed 2014 budget provisions that could impact retirement savings.

Legislation introduced by Congresswoman Maxine Waters would give the Securities and Exchange Commission (SEC) the authority to impose user fees on investment advisers.

The ERISA Industry Committee (ERIC) is urging lawmakers to proceed with caution when considering changes to the tax treatment of retirement savings.

The retirement savings crisis can be averted, in part by “extending the scope of what has been a very effective piece of legislation,” an executive from Fidelity Investments...

Fred Reish, a partner at Drinker Biddle & Reath, the Los Angeles law firm, has launched fredreish.com, a blog about retirement regulation and compliance.

Two senators introduced legislation that would give individuals who take a loan from their retirement accounts more time to repay after leaving a job.

 A group of senators introduced a resolution recognizing the importance of current incentives for retirement savings.   

An employer did not violate ERISA by eliminating the right to transfer from a defined contribution to a defined benefit plan, a court found.

The Supreme Court declined to review two cases where plan sponsors were found to have a presumption of prudence related to company stock offerings.