Tag: ERISA

Reviewing firm practices for recommending and marketing individual retirement account (IRA) rollover services will be a 2014 priority for the Financial Industry Regulatory Authority (FINRA).

The retirement industry is anticipating a fiduciary re-definition and rules about lifetime income illustrations for plan participants, but there is much more in the pipeline.

A federal appellate court has vacated a ruling about offsetting pension benefits and remanded the case back to a district court.

The Department of Labor (DOL) is seeking to restore losses to an employee stock ownership plan (ESOP) based in Warsaw, Indiana.

The Department of Labor (DOL) hopes to remove the trustee of a 401(k) plan based in Elgin, Illinois.

The Department of Labor (DOL) has received court authorization to compel the trustee of a profit-sharing plan in Aiea, Hawaii to restore mismanaged plan assets.

The Supreme Court upheld the ruling of two lower courts in a case testing litigation limitations in plans covered by ERISA.

The U.S. Supreme Court has agreed to hear a case raising fiduciary issues and questions about what constitutes prudent investment decisionmaking within employee stock ownership plans (ESOP).

A federal district court has issued a judgment that authorizes the appointment of an independent fiduciary for an Indiana 401(k) plan.

A group of retirement industry advocacy groups are urging the Treasury Department to ensure same-gender spouse rule changes won't apply retroactively for qualified retirement plans.

When a plan subject to the Employee Retirement Income Security Act (ERISA) appoints an investment manager to manage a portion of the plan’s portfolio, the plan will frequently...

A federal court order appointed an independent fiduciary for a Holtsville, New York retirement plan.

The American Society of Pension Professionals and Actuaries (ASPPA) is petitioning regulators for easy-to-apply guidance to add same-gender spouses to qualified retirement plans.

The Pension Benefit Guaranty Corporation (PBGC) updated the expected retirement age table used to compute benefit values for distressed pension plans facing involuntary termination.

A Department of Labor (DOL) lawsuit has resulted in a supermarket chain, headquartered in Brookings, Oregon, to restore assets to its retirement plan.

A federal court ruled a business owner violated prohibited transactions rules in creating a limited liability company (LLC) with assets from his individual retirement account (IRA).

The Department of Labor (DOL) has filed a lawsuit in U.S. district court to recover plan assets from the fiduciaries of Omni Resources Inc., a Milwaukee-based information technology...

A federal appeals court ruled certain benefit enhancements adopted within a pension plan are protected accrued benefits under the Employee Retirement Income Security Act (ERISA).

American Century Investments has launched a new online tool for retirement plan sponsors and advisers to better assess plan effectiveness.

A federal district court in northern Indiana ruled a retirement plan sponsor must pay nearly $4,500 in penalties for failing to provide historical, plan-related documents.