Compliance

James E. Turpin, with The Turpin Consulting Group, has one concern with the submitted document he’s seen.

While introducing new guidance, Labor Secretary Thomas Perez told reporters ESG-based investing no longer has “the cooties” from an ERISA perspective.

The IRS announced it will not adjust most current contribution limitations for qualified retirement plans heading into tax year 2016, though some retirement-related tax breaks and other items...

The agency is looking for ways to simplify DB plan calculations.

Phyllis Borzi revealed some of the thoughts behind certain DOL initiatives, and asked for help from the industry.

Speaking at a Brookings Institution public meeting, U.S. Secretary of Labor Thomas Perez said he is “confident we will be making changes to improve and clarify our proposal.”

Currently under the ACA, employers with 51 to 100 employees are small employers.

There was no increase in inflation in the third quarter, so under current law, there will be no increase in Social Security payments.

Stakeholders raised concerns regarding the inability of governments whose employees are provided pension benefits through multiple-employer pension plans to obtain information required under GASB Statement No. 68.

A federal court has ruled that a top-hat plan’s calculation and distribution of a lump sum in place of a retiree’s monthly installments after plan termination did not...

A lawsuit filed by two participants in an Allianz retirement plan claims the company and its asset management partners, including PIMCO, misused employees’ 401(k) plan assets for their...

A court found purposeful miscommunications led participants to expect a different benefit than they were accruing.

In a letter to the DOL, members of Congress ask that changes made to the proposed fiduciary rule be submitted for review to the public before sending to...

The Employee Plans unit will be issuing more compliance checks and reviewing submissions for pre-approved plan documents.

A federal court has weighed in on what “the highest contribution rate” means in the calculation of a multiemployer plan member’s withdrawal liability.

The bank, which pled guilty to criminal charges last year, applied for an exemption that would enable it to keep its status as a qualified professional asset manager.

April 30, 2016, is the deadline for employers using pre-approved retirement plan documents to sign an updated version of their 401(k), profit-sharing or other defined contribution retirement plans.

The Republican-controlled House Financial Services Committee approved H.R. 1090, the “Retail Investor Protection Act,” for potential consideration by the floor.

The DOL says a defunct company started plan termination procedures, but failed to complete the termination before ceasing operations.

The organization claims most large employers do not use predetermined or “off the shelf” retirement plan documents.