Compliance

Two experienced ERISA attorneys suggest the Tibble fee case ruling is a positive for retirement plan sponsors—highlighting important best practices that many have already adopted.

The Department of Labor filed suit against fiduciaries of a medical corporation’s pension plan for using plan assets for personal expenses.

The DOL says its study on the quality of benefit plan audits performed by certified public accountants reveals serious issues with the current system.

The retired teachers say they were subject to taxes to which they would not have been if the school district had followed 403(b) regulations.

The agency said it is hosting the event again due to “overwhelming interest.”

The DOL has issued new FAQs about the Patient Protection and Affordable Care Act, and has announced a webcast.

Fiduciary basics may overwhelm retirement plan sponsors, but experts say most duties are not that complex, and help is available.

Some have taken the Supreme Court’s decision in Tibble vs. Edison as paving the way for increased litigation based on the “duty to monitor,” but this is not...

The agency says an advisory firm steered the funds to investments that did not comply with state law.

A new retirement plan marketplace is being set up in the state of Washington.

The American Benefits Council says, until the ACA excise tax is repealed, the IRS should structure rulemaking to minimize the impact to employers.

The U.S. Supreme Court has taken a modest step to ensure the fiduciary “duty to monitor” retirement plan investments is defined as a distinct duty from the initial...

The period for public comment on the new fiduciary definition has been extended from 75 days to 90 days.

The Supreme Court has vacated and remanded the specifics in the Tibble v. Edison fee case, but its decision seems to strengthen the independence of the “duty to monitor”...

A California state appellate court found allegations supported an investment manager’s claim that it had entered into an oral agreement with CalPERS.

Lawmakers in the U.S. Senate this week introduced legislation that would mandate lifetime income demonstrations and other disclosures.

The settlement agreement provides for the retirement plan sponsor to offer ERISA-like protections for its church plan.

Some industry groups and providers say a recent IRS publication goes against prior guidance, but experts at the ASPPA Virtual Conference disagree.

A group of Republican senators asked the Department of Labor to give the public more time to weigh in on the fiduciary proposal.

The proposed conflicted investment advice rule from the DOL, though designed to protect retirement plan and IRA participants, may actually hurt them, according to experts at the ASPPA...