Compliance

One proposal put forward Wednesday by the Securities and Exchange Commission would restrict the way investment managers use ESG nomenclature in fund names, while another would require certain...

The largest U.S. business lobbyist opposes bill banning discretionary clauses.

First ‘greenwashing’ case hints at more enforcement to come.

Fiduciary breach claims are likely to spike—and win—if the two-pronged legislation is passed.

Following an SEC settlement, most of the U.S. business of Allianz Global Investors will transfer to Voya Investment Management.

The allegations in the case are filed on behalf of the same plaintiffs who have already sued their employer, Molina Healthcare, for alleged fiduciary breaches in the delivery...

In their motions to dismiss the case, the plan fiduciaries unsuccessfully argued that the plaintiffs invested in only some of the funds cited, and that they lacked standing...

The agency is still considering whether to make permanent relief from the requirement for certain elections to be witnessed in person by a plan representative or notary public.

The plaintiffs alleged John Hancock breached the Employee Retirement Income Security Act fiduciary duty of loyalty by receiving and retaining foreign tax credits generated by certain international investment...

The national auto parts distributor faces allegations that it failed to prudently and loyally operate its defined contribution retirement plan.

The appellate court has sided with a lower court’s determination that individual arbitration agreements signed by plaintiffs should not prevent claims made on behalf of the plan as...

The plaintiff suggests an actuarial and administrative services firm did not take sufficient care to protect certain clients’ personally identifiable information.

The bill would allow small businesses to pay plan design change expenses with plan assets.

Proponents say the bill will require pension plan sponsors to provide participants and beneficiaries with critical information about the tradeoffs between lump-sum payments and lifetime annuities.

The refiled lawsuit argues that the defendants are failing to provide alternative forms of pension benefits that are ‘actuarially equivalent’ to the standard single life annuities that participants...

The limit for individuals with self-only coverage will increase by $200, and the limit for those with family coverage will increase by $450.

An information package contains a listing of required modifications and sample language for nearly any provision a plan might include.

The court order states that plaintiffs plausibly stated a claim for breach of fiduciary duty.

The court found that the plaintiffs plausibly alleged that 401(k) plan fiduciaries failed to control fees by offering retail share classes of investments in the plan.