Tag: ERISA

Never has the industry seen such potential for change, Marcia Wagner, president of The Wagner Law Group, told attendees at the PLANADVISER National Conference in Orlando, Florida.

ERIC recently filed a brief with a federal appellate court in a case about a plan changing over from defined benefit to cash balance status.

A federal district court has given the green light to certain claims that fiduciaries to Weyerhaeuser Company’s pension plans breached their duties by overinvesting the plans’ assets in...

An investment adviser has been ordered to restore plan losses, incentive fees and penalties for several employee benefit plans.

A federal appeals court found the application of the presumption of prudence to be appropriate at the motion to dismiss stage.

A federal appeals court affirmed the dismissal of a lawsuit against Fidelity Management Trust Company regarding excessive fees.

An insurance brokerage firm must repay more than $270,000 to the participants and beneficiaries of a Florida-based retirement plan.

More than $150,000 must be restored to the profit-sharing plan of a now-defunct Illinois company, said the U.S. Department of Labor...

Claims brought against John Hancock Life Insurance Company by retirement plan participants have been dismissed.

A law firm is investigating whether RadioShack Corporation violated the Employee Retirement Income Security Act (ERISA) by offering company stock in its retirement plan.

United Benefit Advisors (UBA) has named PLAN DOC Builder a Certified Solution for its more than 2,000 benefit professionals across 140 Partner Firms. 

The Department of Labor (DOL) has weighed in on whether certain revenue sharing payments constitute plan assets under the Employee Retirement Income Security Act (ERISA).

Morningstar Credit Ratings, LLC, is now qualified as a “Rating Agency” as defined by the U.S. Department of Labor (DOL).

ASPPA says a uniform fiduciary standard would cause confusion, but a coalition of other financial groups said retail customers would benefit from such a standard.  

Roberta Casper Watson has been named head of the welfare benefits department at the Wagner Law Group.

The 6th U.S. Circuit Court of Appeals found a benefits committee used a reasonable process to conclude it paid a participant's benefits according to his election.

The investment strategies group of Mesirow Financial rolled out fiduciary services for ERISA sections 3(21) and 3(38) through CPI Qualified Plan Consultants Inc.

Some retirement plan compliance issues are unique to 403(b)s.

It’s a situation dreaded by every service provider to a retirement plan: an investigation by the Department of Labor (DOL).

An appellate court reversed the dismissal of an Employee Retirement Income Security Act (ERISA) class action against Amgen, Inc. and an Amgen subsidiary.