Compliance

These warnings allege potential anti-trust violations and come in the wake of other such warnings and divestments on the state level.

The IRS will provide determination and termination letters to 403(b) plans beginning next June.

The ERISA Industry Committee has joined an amicus brief, with the U.S. Chamber of Commerce, asking a federal appeals court to uphold the dismissal of a 401(k) lawsuit. 

If adopted, the new rule would require most open ended funds to keep at least 10% of their assets in the “highly liquid” category and would mandate swing...

The Phoenix-based company is alleged to have breached its fiduciary duty to plan participants.

The union plan had been severely underfunded for over a year but can now meet its liabilities to nearly 400 participants.

Maddox Group’s Adam Belardino faces up to 45 years in prison for wire fraud and making false statements to the IRS.

A federal judge has granted in part and denied in part, the Yale University motion for summary judgement.

Comprehensive retirement reform is expected to pass this year and is intended to increase access to retirement accounts.

In addition to voicing its support, ERIC also offered recommendations and criticism on various provisions in the legislation.

Maximum Benefit/Contribution Limits for 2018 through 2023, with a downloadable PDF of limits from 2013 to 2023.

The suit claims Empower instituted "fraudulent sales tactics" to "lure" 457 plan participants into its managed accounts.

Plaintiffs argue the outdated tables had the effect of reducing the value of employees’ pensions by underestimating the plaintiffs’ life expectancy.

The contribution limit adjustments reflect cost of living changes from this year.

The environment for crypto could change as it becomes more accepted in retirement products.

Plaintiffs have alleged fiduciary breaches against retirement plan fiduciaries for the International Union of Elevator Constructors.  

Defense and plaintiff attorneys offer strikingly different accounts of the systemic issues haunting the ERISA litigation space.

Speakers emphasized the distinctions between ESG and sustainable investments and the need for greater regulatory clarity between jurisdictions.

The Pension Benefit Guaranty Corporation proposal clarifies assumptions for determining an employer’s withdrawal liability.

The increase is aimed at combating rising inflation.