Compliance

The bill would amend the DOL’s current default investment safe harbor regulations to allow, but not require, a retirement plan’s default investment to include a limited investment in...

The bill, which has been introduced in previous legislative sessions, would allow annuities to be a default investment in employer-provided...

The complicated ruling offers some support for the defendants’ arguments but allows other claims to proceed to discovery and trial.

Its report studied ways the DOL can try to close the gaps in retirement savings based on rase, ethnicity and...

The Department of Labor wants help identifying actions it can take to safeguard employees’ savings and pensions from threats related...

Under the proposal, registered investment advisers and investment companies would have to adopt and implement written cybersecurity policies and procedures ‘reasonably designed to address cybersecurity risks.’

An individual in Ohio was recently indicted by a grand jury on charges that he fraudulently claimed the assets he...

The plaintiff sued to seek recognition of his years of employment from 1995 through 2020 for purposes of calculating his...

The plaintiffs suggest the plan, its participants and beneficiaries have suffered ‘significant losses totaling millions of dollars,’ and a district...

A recent court case demonstrates why owners of self-directed IRAs should be careful about their investment strategies and asset classes—and...

The 2022 Cumulative List will assist providers of Section 403(b) pre-approved plans applying to the IRS for opinion letters.

The DOL has accused the plan sponsor and plan administrator of failing to operate the employer-sponsored 401(k) plan in the...

The plaintiffs say the firm’s retirement plan was stuffed full of high-cost, proprietary funds.

Participants in a terminated 403(b) plan challenged the use of actively managed funds and higher cost share classes.

Attorneys representing the plaintiffs in Hughes v. Northwestern University say the Supreme Court’s ruling strengthens fiduciary protections for retirement plan...

The plaintiffs also claim TDFs and other funds offered in the 401(k) plan were imprudent.

While President Joe Biden’s nominee for assistant secretary of labor for the Employee Benefits Security Administration is likely to be...

The high court’s ruling states that the 7th U.S. Circuit Court of Appeals erred in relying on the fact that plaintiff-participants had the ‘ultimate choice’ over their investments...