A federal court has granted retirement plan benefits of a deceased participant to his spouse, even though he had listed his children as beneficiaries on the plan’s designation...
The ERISA Industry Committee (ERIC) urged the Treasury Department to be more responsive to easing the regulatory burden on sponsors of benefit plans in order to ensure that...
The Government Accountability Office contends that the shift away from defined benefit retirement plans to more defined contribution plans has resulted in disproportionate benefits for American workers.
The American Society of Pension Professionals & Actuaries (ASPPA) has recommended that the Treasury Department simplify the required employee communication items for retirement plans.
In an amicus brief, the U.S. Department of Labor asked the 9th U.S. Circuit Court of Appeals to reverse a federal district court’s dismissal of a 401(k) stock-drop...
The law firm of Lewis, Feinberg, Lee, Renaker & Jackson supports the Department of Labor's (DoL) proposed inclusion of valuators of closely-held employer securities in the definition of...
A U.S. appeals court found that fiduciaries of the bankrupt Rock Island Corporation can be liable for allowing retirement plan participants to select company stock as an investment...
A federal judge threw out a lawsuit by two of Bernard Madoff's former clients, which accused the Securities and Exchange Commission (SEC) of negligence for failing to uncover...
Two associations expressed concern over how the application of proposed rules by the Securities and Exchange Commission (SEC) will impact retirement plan professionals who work with government-sponsored retirement...