Compliance

The Internal Revenue Service (IRS) has rescheduled a phone forum that didn’t take place due to the government shutdown.

The American Society of Pension Professionals & Actuaries (ASPPA) has asked the Internal Revenue Service (IRS) for clarification on mid-year amendments to safe harbor 401(k) plans.

The industry-wide focus on improving fee transparency and reasonability has not significantly reduced litigation risks for financial advisers and others acting as retirement plan fiduciaries, according to Dan...

Washington’s warning to slash tax-deferral incentives associated with 401(k)s and individual retirement accounts (IRAs) tops advisers’ challenges in 2014, according to Brian Graff, executive director of the American...

A report from the Financial Industry Regulatory Authority (FINRA) scrutinizes  conflicts of interest in the broker/dealer industry to highlight effective practices to eradicate such conflicts.

Admitting that the Securities and Exchange Commission (SEC) has resources “not nearly sufficient to the enormity and scope of the responsibility” it faces, SEC Chairman Mary Jo White...

The U.S. Supreme Court has agreed to weigh in on a case that could have far-reaching implications for litigation against Employee Retirement Income Security Act (ERISA)-covered plans.

Relaxing rules and increasing coverage for part-time workers would improve retirement savings for employees of small employers, hearing witnesses told a House committee.

A report from the Office of Inspector General for the Department of Labor (DOL) shows concern about the use of alternative investments in retirement plans.

Matrix Financial Solutions, a Broadridge company, released a practice guide to help advisers understand proposed changes to ERISA fiduciary rules.

The Financial Industry Regulatory Authority (FINRA)’s board  approved a proposal requiring brokers to disclose compensation paid as an incentive to move to a new firm.

Word that the Department of Labor (DOL) is stepping up its enforcement is being backed up by the number of actions being announced.

“While we as advisers understand a lot of pieces of the puzzle, the plan sponsor doesn’t,” Keith Gredys, CEO and president of Kidder Benefits Consultants Inc., told attendees...

Ever since the Enron scandal of 2001, Employee Retirement Income Security Act (ERISA) attorneys have become “exploitive” with regards to bringing...

Fee disclosure is not something to fear but “an opportunity to differentiate yourself as a retirement-focused practice,” said Vincent Morris, president of Bukaty Companies Retirement Plan Services, at...

Assistant Secretary of Labor Phyllis Borzi, with the Department of Labor’s (DOL’s) Employee Benefit Security Administration (EBSA), said it has been engaged in a very vigorous focus on...

The Department of Labor (DOL) wants to know whether its proposal to show lifetime income projections on retirement plan participant statements is a solution to having inadequate income...

The type of adviser you are—fiduciary or nonfiduciary—dictates your business model, said Brad Campbell, counsel in Drinker Biddle & Reath’s Washington, D.C., office and speaker at the PLANADVISER...

Never has the industry seen such potential for change, Marcia Wagner, president of The Wagner Law Group, told attendees at the PLANADVISER National Conference in Orlando, Florida.

ERIC recently filed a brief with a federal appellate court in a case about a plan changing over from defined benefit to cash balance status.