Compliance

A judge found Aon didn’t violate ERISA when encouraging Lowe’s to change the plan’s investment menu or by selecting and maintaining a proprietary fund for the plan that...

Experts shared what responsibilities employers have for their HSA benefit and what actions can trigger ERISA governance of it.

The agency says the proposal seeks to emphasize that climate change and other ESG factors can be financially material and that considering these elements can lead to better...

Earlier this year, the firm settled similar charges from the SEC and the New York attorney general accusing it of making inaccurate and misleading statements to rollover clients.

While the size and structure of retirement plans are relevant to the reasonableness of the administrative fees they pay, similarly relevant is the scope of the services offered...

The court notes that the ESOP trustees, while accepting a price very close to what the sellers were seeking, saved the company millions of dollars by negotiating a...

Because appellate court decisions carry weight with lower courts in a circuit, the ruling could increase the risk for multiemployer plans presented by withdrawing employers.

The court concluded that the defendants present extensive evidence that they acted prudently in monitoring the plan’s recordkeeping expenses.

If a 403(b) plan participant also sponsors a plan to which he contributes, the plans must satisfy the annual additions limitation on an aggregate basis.

The text of the ruling includes detailed analysis of what it takes for ERISA plaintiffs to prove standing under Article II of the U.S. Constitution, along with analysis...

The detailed dismissal ruling engages in an analysis of all five counts included in the plaintiff’s amended complaint, in each case siding with the defense that dismissal is...

Northern Trust is accused of giving AutoZone bad direction regarding investments in Prudential’s GoalMaker solution, allegedly due to a conflict of interest.

The owner of a 403(b) plan administration firm and another insurance agent allegedly convinced educators to roll retirement plan money into an IRA to invest in the owner’s...

The legislation is designed to provide a retirement savings vehicle for people who don’t have access to one, but in certain cases, employers would be able to contribute...

The agency is accepting applications before a final rule is published and says any changes will not reduce the amount of assistance a plan might receive.

The Justice Department alleges that military employees who used ‘donated leave’ to avoid losing pay were denied pension contributions and credits that were due them.

The ruling rejects the defense’s dismissal motions and includes a detailed analysis of what is required for ERISA plaintiffs to prove standing based on allegations that average recordkeeping...

Duty of prudence and prohibited transaction claims will move forward against the Centerra Group plan fiduciaries and Aon Hewitt, which also has to face a duty of loyalty...

Though the order shows support for the plaintiffs’ arguments regarding their Constitutional standing to sue their employer for alleged retirement plan mismanagement, the plaintiffs have failed to convince...