Compliance | June 19th, 2015 Fiduciary Rule Grilled on Capitol Hill Labor Secretary Perez was just about the only witness called to a recent Congressional hearing to actually defend the DOL’s...
Compliance | June 11th, 2015 Supreme Court Seeks Input About ERISA Lawsuit Venue The U.S. Supreme Court has been asked to weigh in on whether a retirement plan may dictate the venue in...
Administration | June 4th, 2015 PSNC 2015: Retirement Readiness Benchmarks A panel of experts at PSNC 2015 urged plan sponsors to ask, what comes after “funds, fees and fiduciary?”
Compliance | May 18th, 2015 Supreme Court Reaches Decision in Tibble v. Edison The Supreme Court has vacated and remanded the specifics in the Tibble v. Edison fee case, but its decision seems to...
Compliance | May 14th, 2015 GOP Senators Demand More Time for Fiduciary Feedback A group of Republican senators asked the Department of Labor to give the public more time to weigh in on...
Compliance | May 11th, 2015 Courts Split on Definition of Church Plan A recent decision has courts evenly split on cases challenging retirement plans’ “church plan” status.
Investing | May 8th, 2015 Index Fund Proxy Voting and Fiduciary Liability Could a general failure to address the importance of index fund proxy voting rights derail the ongoing indexing trend among...
Compliance | April 23rd, 2015 Senior Researcher Outlines an Evolving Industry In his position as a chief research strategist with Russell Investments, Bob Collie sees a shifting retirement plan landscape—an industry...
Compliance | April 14th, 2015 Broad Strokes of New Fiduciary Rule Outlined by DOL New rule language outlined by the Department of Labor will increase the number of advisers and brokers required to act...
Compliance | April 9th, 2015 Real Estate Services Firm Settles Stock Drop Case LandAmerica Financial Group will pay $5 million to settle claims it held company stock in its 401(k) plan when it...
Compliance | April 3rd, 2015 IRS Expands Auto-Feature Voluntary Correction Safe Harbors New safe harbor correction methods related to automatic enrollment features in defined contribution plans are being implemented by the Internal...
Compliance | March 30th, 2015 New Interpretation of Plan Provisions Violates ERISA A federal appellate court found a plan administrator cannot change the calculation of early retirement benefits for participants who terminated...
Compliance | March 26th, 2015 Ameriprise Financial Settles ERISA Fee Litigation Ameriprise will pay $27.5 million to settle a 401(k) excessive fee lawsuit.
Compliance | March 24th, 2015 Oral Misrepresentation Enough to State a Claim Under ERISA A pension plan participant who claims he didn’t receive promised credit for service can proceed with his lawsuit.
Compliance | March 19th, 2015 BNY Mellon Settles Foreign Exchange Trading Suit The agreement with retirement plan customers is part of a larger settlement.
Products | March 18th, 2015 ERISApedia.com Publishes Fiduciary Responsibility eSource Burrmont Compliance Labs, LLC announces a guide to ERISA fiduciary responsiblities is now being published on ERISApedia.com.
Compliance | March 6th, 2015 House Members Push DOL for Fiduciary Rule Details A bipartisan group of U.S. House members penned an open letter to the Department of Labor that demands more detail...
Compliance | March 3rd, 2015 Sanofi Potentially Faces Stock Drop Suit Multinational pharmaceutical company Sanofi is being investigated for possible ERISA violations after continuing to offer company stock as a retirement...
Compliance | February 27th, 2015 Lack of Notice Leads to Double Payment of Pension An employer’s failure to notify employees that their pension assets were transferred to another plan resulted in a court ruling...
Compliance | February 26th, 2015 DOL Series Takes on Fiduciary Challenges for Small Sponsors A webcast series from the DOL aims to help increase awareness and understanding about basic fiduciary responsibilities for plan sponsors...