Compliance

The Securities and Exchange Commission also charged two broker/dealers in the scheme.

Excessive fees, revenue-sharing, lack of a stable value fund and failing to follow fund selection for participants are among accusations in a lawsuit against the hotel chain’s administration...

The fiduciary rule has shaken up the advisory space, but plan sponsors also need to know what’s in the rule and make plans for how it could affect...

Employees who are unable to set aside money for this year may want to schedule their 2017 contributions soon so their employer can begin withholding them in January,...

“It is important that individually designed plans that contain unique provisions reflective of individual company benefit priorities and culture are allowed to continue,” says ERIC’s Will Hansen.

States were already granted the authority to establish their own IRA programs for private-sector workers; now the largest individual cities are being given the opportunity.

After multiple trips through the district and appellate court systems and consideration by the Supreme Court on multiple occasions, Tibble vs Edison took another step forward today. 

Industry experts share red flags and focuses of DOL and IRS scrutiny of retirement plans.

The legislation would increase the full retirement age for claiming benefits, among other things.

An earlier revenue procedure eliminating the five-year remedial amendment cycle stated that the IRS intended to annually provide a list of required amendments.

A plan sponsor in Chicago was accused of improperly diverting hundreds of thousands of dollars in retirement plan assets. 

As tax reform talks loom in 2017, one Democratic Senator is pushing for “a comprehensive, progressive, pro-growth” approach that would protect the interests of employee benefit plans. 

The president-elect has nominated CKE Restaurants CEO Andrew Puzder as DOL Secretary. 

Industry groups cite higher costs and burdens on employers, as well as the inevitability of “more frivolous litigation.”

Senator Ron Johnson asked Labor Secretary Tom Perez to cease implementation of a rule “that will very likely be rescinded.”

The ERISA lawsuit claims Exxon Mobil plan fiduciaries should have known misrepresentations artificially inflated the price of Exxon stock.

The question is whether, under ERISA, a church must establish a plan in order for it to be considered a ‘church plan.’

The suit claims Voya collects hundreds of millions of dollars annually in undisclosed compensation.

A federal judge found that that New York Life provided documentation showing there was no spread between the internal rate of return and the interest crediting rate New...

The lawsuit accuses the bank of using an "easy enroll" feature to funnel funds into its TDFs, which it says charge too much.