Compliance | April 14th, 2015 DOL Says Today Is the Day for Fiduciary Rule Language After years of waiting, the retirement plan industry will later today see a revised “consumer protection proposal” from the Department...
Compliance | April 13th, 2015 Calmer Perspectives on Tibble Fee Case Despite enormous industry attention paid to the case, some attorneys say a pending Supreme Court decision in the Tibble vs....
Deals and People | April 10th, 2015 Initiative Seeks to Help Participants Investigate Retirement Plans A former SEC attorney says retirement plan participant lawsuits don’t benefit anyone, and he has launched a new initiative designed...
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 8th, 2015 DOL Announces Fiduciary Responsibilities Seminars The Employee Benefits Security Administration announced locations, dates and registration information for a series of fiduciary responsibility seminars.
Compliance | April 3rd, 2015 Rhode Island Reaches Pension Accord With Some Unions If approved, a proposed settlement will end litigation from six challenges that arose from changes made to Rhode Islands’ public...
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 26th, 2015 Court Dismisses Fidelity Float Income Suit A federal district court has ruled float income is not a retirement plan asset belonging to participants.
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.
Products | March 19th, 2015 Blue Prairie Group, PSCA Collaborate for ERISA Course An online ERISA training program from Blue Prairie Group and PSCA offers a self-paced course in fiduciary skills.
Compliance | March 19th, 2015 SEC Signals Intent for Uniform Fiduciary Standard The Securities and Exchange Commission has signaled it could move sooner rather than later on its own changes to investment...
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 13th, 2015 GOP Tells OMB to Proceed with Care on Fiduciary Rule In a letter to the Office of Management and Budget, GOP senators predict dire consequences for American workers if the...
Compliance | March 12th, 2015 Retirement Income Gap Projected at $7.7T According to the Pension Rights Center, the nation faces an almost $8 trillion shortfall in retirement income.
Products | March 12th, 2015 HR360 Offers 2015 Group Health Plan Notices Calendar HR 360 Inc. updated its Group Health Plan Notices Calendar to reflect 2015 requirements and deadlines.
Compliance | March 11th, 2015 Supreme Court Could Consider RJR Stock Drop Case The U.S. Supreme Court may take up important fiduciary liability questions related to a “reverse stock-drop” case leveled against a...
Products | March 11th, 2015 BB&T Debuts 3(16) Fiduciary Unit A new service allows a plan sponsor to focus on its core business, while BB&T works on the administrative duties...
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 | 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...
Compliance | February 26th, 2015 Court Orders Additional Recovery of Misused Pension Funds A federal court has ordered a fiduciary to repay $300,000 to a number of pension plans, for which the Department...