The Department of Labor's Employee Benefits Security Administration (EBSA) has issued additional guidance in response to questions from plans and service providers on the requirements for reporting service...
The third quarter saw a robust 169 new securities lawsuits filed, but the credit crisis is no longer leading the litigation charge, according to Advisen’s quarterly update on...
The Social Security Administration announced there will be no cost-of-living adjustment (COLA) in 2010 for monthly social security and supplemental security income (SSI) benefits.
The Internal Revenue Service has announced cost of living adjustments applicable to dollar limitations for pension plans and other items for Tax Year 2010.
After months of fighting with regulators, Bank of America (BofA) is turning over documents about its purchase of Merrill Lynch, according to news reports.
An insurance agent who purchased a book of clients from a retiring co-worker is suing the firm with which he is associated for stealing some of that business.
The U.S. District Court for the Eastern District of Wisconsin has dismissed a lawsuit accusing Harley-Davidson and some of its executives of breaching fiduciary duties by continuing to...
JPMorgan Chase & Co. cannot be held liable for mismanagement that may have occurred before the Federal Deposit Insurance Corp. seized Washington Mutual, Inc., a judge has ruled.
These days, everything is being challenged as a fiduciary duty for retirement plans, said Chad J. Larsen, President, Moreton Retirement Partners, an NRP member firm, opening a panel...
An employer’s move to reduce its equity holdings and increase fixed-income investments in its cash balance pension plan did not represent an illegal benefits reduction, a federal judge...
A Winona County (Minnesota) District Court judge has ruled against two unions that sued the Winona school district over the reduction of the number of vendors serving the...
A U.S. Government Accountability Office (GAO) report suggests that if federal regulators gather more information from certain types of retirement savings plans and issue more guidance about plan...
Officials from Treasury and the IRS have indicated that the IRS is planning to issue guidance on a number of issues involving Code Section 457 deferred compensation plans,...