Compliance

The investment committee for two Intel Corporation retirement plans asked the court to determine whether the provision of plan documents, in itself, creates for participants “actual knowledge” of...

Retirement plan sponsors can learn best practices from looking at the claims filed against their peers and the outcomes of these lawsuits.

Good candidates for outsourcing include plan sponsors who want to spend more time focused on plan design innovation and tracking outcomes of investment management and administrative oversight.

Having processes in place and following published Department of Labor (DOL) guidance are a couple of things plan sponsors can do to be prepared for an audit. 

The last day of the remedial amendment period for 403(b) plans is March 31, 2020. What does the remedial amendment period offer 403(b) plan sponsors?

The initiatives build on the Securities and Exchange Commission's (SEC’s) past efforts and focus additional enforcement and investor education on these groups.

Attorneys discuss provisions of the widely supported SECURE Act, plus hot topics in regulation.

A district court determined the plaintiffs did not plausibly plead a violation of ERISA’s duty of prudence, because a prudent fiduciary could have concluded that earlier corrective disclosure...

Importantly, the updated rulemaking will apply a best-interest standard to account recommendations, including rollovers from retirement plans into individual retirement accounts (IRAs).

Eight organizations associated with defined contribution (DC) plans submitted a letter to the Employee Benefits Security Administration of the Department of Labor (DOL) asking it to propose regulations...

The agency has been cracking down on age bias, as age discrimination can thwart employees’ plans to work longer and could affect retirement plan drawdown strategies.

The Archdiocese says since it was ordered to pay $4.7 million to teachers whose pension plan was terminated, officials have seized assets from all Catholic entities in Puerto...

A federal court judge found that participants in two retirement plans sponsored by Georgetown University filed their motion for leave to file an amended complaint two days too...

The limits will increase $50 for an individual with self-only coverage and $100 for an individual with family coverage in 2020.

Specifically, the petition for writ of certiorari asked the Supreme Court to answer the question: “In pleading a breach of fiduciary duty under ERISA, is it sufficient for...

A federal court judge cited a 5th U.S. Circuit Court of Appeals decision in Chaplin v. NationsCredit Corp. that concluded, “Although the release does not specifically mention ERISA,...

Retirement plan investment and recordkeeping fees have fallen in the last 10 years, but ERISA litigator Jerry Schlichter says there is more room for improvement.

The reintroduced bill would create the Federal Retirement Commission, which would conduct a comprehensive review of private benefit programs in the U.S., with an eye toward strengthening them.

ERISA attorney Marcia Wagner gives her take on the retirement plan lawsuits that have recently been appealed to the Supreme Court.

Word on the Hill is that the Senate may decide to take up the House version of the SECURE Act as-is—and sooner rather than later.