Tag: Fiduciary

The U.S. Supreme Court heard oral arguments in a case said to be the first excessive 401(k) fee litigation to...

Many fear the new definition of fiduciary will make it harder for retirement plan participants to gain access to advice.

President Barack Obama said he expects opposition from special interest groups to the pending fiduciary rule, even though specifics of...

The Obama Administration is strongly backing the Department of Labor’s ongoing fiduciary redefinition effort, with the president advocating for a...

Plaintiffs’ attorney Jerry Schlichter says the settlement is the largest result for a 401(k) excessive fee claim ever levied against...

A federal appeals court in Puerto Rico ruled retirement benefits a participant believed were negotiated were not due under the...

A lawsuit claims retirement plan provider and asset manager Aegon USA caused superfluous fees to be charged to its own...

Greenspring Wealth Management has launched the Target Date (k)larity evaluation tool, aimed at supporting the fiduciary needs of retirement plan...

The boutique investment advisory and consulting firm has launched its ERISA 3(21) and 3(38) investment fiduciary services in response to...

Edison International has petitioned the U.S. Supreme court to drop its review of Tibble vs. Edison International, a closely watched...

Plan sponsors should consider the steps that go into a prudent process for selecting a provider if they want to...

Leaders of the Insured Retirement Institute expect “swift and significant legislative reaction” if the Department of Labor’s fiduciary redefinition proposal...

The U.S. Labor Department filed a complaint against a Rochester, New York, investment adviser and plan administrator to recover losses...

The surviving spouse of a fully vested participant in a FedEx pension plan claims she is being unlawfully denied a...

The dollar amount secured by the DOL’s Employee Benefit Security Administration dropped substantially in 2014 compared with the previous year,...

The Department of Labor’s Employee Benefits Security Administration says it restored over $599.7 million to employee benefit plans and participants...

A lawsuit claims fiduciaries to Avon Products defined contribution plan violated their duties to participants by keeping company stock as...

A federal district court has denied Boeing’s request for summary judgment on the merits of Spano vs. The Boeing Company,...

The United States Supreme Court will hear arguments in the closely watched 401(k) fee litigation case Tibble v. Edison near the end...

For plan sponsors with more than 100 participants, one of the most important fiduciary duties is to ensure the plan...