Deals & People March 5th, 2024 Aptia Announces Jeff Williams as US President Williams will oversee Aptia’s benefits administration services book of business.
Compliance August 11th, 2023 NYC Pension Funds File to Dismiss ESG-Related Lawsuit Attorneys are seeking to dismiss allegations that retirement funds were jeopardized due to divestment from securities of fossil fuel companies....
Data & Research July 5th, 2022 Pension Plans Among ESG’s Biggest Proponents Major pension funds see sustainable investing as a fundamental element of investing rather than a potential drag on performance, according...
Compliance March 7th, 2022 Partners Healthcare Defeats ERISA Actuarial Equivalence Lawsuit The case has a complex procedural history that has seen rulings issued both in favor of the plaintiffs and in...
Compliance December 10th, 2021 Democratic Senators Voice Support for Same-Sex Couples’ Pension Rights They say the same policies that robbed people of the right to marry for so long continue to harm LGBTQ couples as they seek to access and protect...
Compliance August 6th, 2021 Citgo Is Latest Large Employer Facing Actuarial Equivalence Challenge The proposed class of plaintiffs alleges Citgo is using mortality assumptions that are at least 50 years out of date...
Compliance June 21st, 2021 A Well-Informed Look at the EBSA’s Terminated Vested Participant Project Justine Kim worked as a DOL investigator from 2006 to 2018. In this guest article, she offers tips for advisers...
Compliance November 6th, 2020 PBGC Takes Over J.C. Penney Pension A purchase agreement allowing the company to emerge from Chapter 11 bankruptcy does not include the pension plan debts or assets, despite its comparatively strong funding position.
Client Service August 21st, 2020 Massive Teacher Retirements Could Hurt Pensions It would increase public pension plans’ required contributions and result in lower contributions by members.
The Markets August 11th, 2020 Segal Leaders Perplexed Over Treasury’s Benefit Cut Rejections A law passed in 2014 allows stressed union pensions to reduce benefits in order to prevent insolvency, subject to approval...
The Markets April 1st, 2020 Coronavirus News for Plan Advisers Focused analysis of market movements, business challenges and legislative and regulatory actions.
Compliance July 11th, 2019 ERISA Title IV Determination Process Updated by PBGC Among other elements, Title IV of ERISA is used to determine liability for PBGC termination premiums.
Compliance Consult Unrelated Taxable Income and Pensions ‘Tax Cuts’ act raises the tax on funds generating UBTI.