A federal judge in Minnesota has rebuffed an age-discrimination challenge to Northwest Airlines' defined contribution plan, ruling that the use of age as a factor for a benefits...
Whether unions representing Minnesota District 861 teachers and paraprofessionals can legitimately file a grievance over 403(b) plan changes is under debate.
New York's attorney general issued a subpoena to former Merrill Lynch Chief Executive John Thain, in an investigation of bonuses paid to Merrill Lynch’s employees before the takeover...
A Massachusetts broker might lose his registration and be forced to repay losses for allegedly stealing more than $2 million by selling clients phony investments.
If it remains in place, the Department of Labor’s (DoL) finalized investment advice rule might help business for retirement plan advisers already giving advice.
The Board of Governors of the Financial Industry Regulatory Authority (FINRA) said it has established a search committee to find candidates to replace FINRA CEO Mary L. Schapiro,...
Two class action law firms are investigating conduct that they believe may have caused losses to State Street’s 401(k) plan and might have violated the Employee Retirement Income...
An order from White House Chief of Staff Rahm Emanuel will delay two Department of Labor (DoL) fee disclosure regulations and possibly slow down a recently published advice...
The Internal Revenue Service (IRS) has modified reporting requirements applicable to required minimum distributions (RMDs) from individual retirement accounts (IRAs) to reflect the waiver of the RMD rules...
In Notice 2009-8, the Internal Revenue Service has published guidance on the application of §457A to nonqualified deferred compensation plans of nonqualified entities.
Drawing a distinction between claims to recover pension benefits and those to collect damages in a pension dispute, a federal judge has given a former JP Morgan Chase...