Compliance

A federal lawsuit alleges actions taken by fiduciaries resulted in losses exceeding $5.9 million to the Triple T Transport Inc. Employee Stock Ownership Plan.

In conversation with Anne Lester, one of J.P. Morgan’s leading voices on public policy, we hear about the growing sense of urgency she sees in Washington to help...

The dismissal of the lawsuit against State Street still stands.

According to the court opinion, as of November 2015, there were more than 270,000 ERISA plan participants in 13,600 retirement plans invested in the fund at issue in...

A federal court said that by not repaying the overpaid funds, the former participant has breached her ERISA fiduciary duties.

The proposed regulations include a withdrawal of a specific provision of the notice of proposed rulemaking published in December 2008 regarding the calculation of amounts includible in income...

Proposed rules in January provided nondiscrimination testing relief.

Many witnesses agreed that any open MEP legislation should not be overly burdensome and should not include the "one bad apple" rule.

A group of Senators are putting aside party divisions to introduce the Retirement Savings Lost and Found Act. 

Empower will work in conjunction with SPARK to develop an industry-wide forum in which members could build a set of agreed-upon priorities.

Plaintiffs in the suit contend plan fiduciaries did not follow ERISA, then claimed "church plan" status when announcing the plan would be terminated.

Industry experts present new solutions, and a few reforms, for coaxing Americans to save for retirement.

MassMutual has agreed to pay $30.9 million to former and current participants of the MassMutual Thrift Plan and the Massachusetts Mutual Life Insurance Co. Agent Pension Plan.

The IRS has announced a new strategy for retirement plan compliance efforts. What should plan sponsors do to prepare for their next compliance check questionnaire?

The final fiduciary rule is out, so what do you need to know? And, just as important, what can you do right now to prepare?

Litigation is the main concern for DC plan sponsors right now.

Following the firm’s open letter to Congress, it is working with key Senate and House members to submit a bill.

PBGC is adjusting the way DB plans use interest rate assumptions to value and pay benefits.

New guidance from the IRS details when and how defined benefit annuity payments are taxed when retirement comes in steps.

The 2nd Circuit used the same logic in prior decisions to determine plaintiffs had not proven Lehman plan fiduciaries violated the Employee Retirement Income Security Act (ERISA).