Compliance

The agency has asked an appellate court to reverse a district court’s dismissal of the case.

The suit says misrepresentations about complex investments such as residential mortgage-backed securities contributed to major losses for the nation’s two largest public pension funds.

A federal district court found that Merrill Lynch was not acting as a fiduciary under ERISA.

The DOL and SEC both filed amicus briefs in the long-running case Whitley v BP PLC, an ERISA stock drop lawsuit revived in 2014 in the wake of the...

The California Secure Choice Retirement Savings Program is meant to provide a voluntary, low-risk, auto-enrollment retirement savings plan for many uncovered workers in the state. Can it deliver? 

The Treasury Department and the IRS use the Priority Guidance Plan each year to identify and prioritize the tax issues that should be addressed through published administrative guidance.

A Supreme Court ruling in the case set new standards of pleading for lawsuits against retirement plans that hold on to company stock.

The company ceased all business operations in 2009, but failed to take the appropriate steps to terminate the plan.

A federal appellate court found that the benefit offset used by a defined benefit plan administrator was correct.

Reviewing the case in light of new pleading standards set by the Supreme Court decision in Fifth Third, a court again found participants in a Lehman Brothers retirement...

The final rules modify waivers and information requirements to better balance the burden of reporting with PBGC’s need for information, and to make certain technical changes.

The “education carve-out” is considered by retirement plan providers to be one of the most high-stakes elements of the fiduciary rulemaking effort. 

A federal appellate court did not even consider whether the plan in question was a top hat plan because it found the lawsuit missed the statute of limitations...

A deceased participant’s previous phone call to his employer’s benefit center asking to change his retirement account beneficiary cannot be relied on to determine where the money should...

Included in proposed nondiscrimination relief for closed DB plans is a change in how QSERPs can offer alternate benefit formulas for highly compensated employees.

A federal appellate court has found that the DB plan offered by Advocate Health Care Network does not qualify as a “church plan” exempt from ERISA.

The PBGC and Sears have reached an agreement on financial protection for approximately 200,000 Sears pension plan participants and beneficiaries. 

It isn’t investment costs the lawsuit complains about, but postage costs for excessive mailings.

The Pension Benefit Guaranty Corporation will pay retirement benefits for more than 21,000 current and future retirees of the Great Atlantic & Pacific Tea Co.

It’s not just financial advisers and investment providers that should be prepping for the final fiduciary rule to emerge from DOL—plan sponsors will likely face changes and new...