July 25, 2017

GASB Proposes Implementation Guide for OPEB Standards

The proposed Implementation Guide provides answers to questions intended to clarify, explain, or elaborate on the requirements of GASB Statement No. 75, and addresses a limited number of issues related to Statement No. 74.

July 24, 2017

DC Industry Providers Voice Fiduciary Rule Frustration

The DOL is still seeking information from DC industry providers and stakeholders regarding potential new and amended administrative class exemptions from the prohibited transaction provisions of ERISA. 

July 20, 2017

Sears Holdings Faces Stock Drop Lawsuit

The lawsuit alleges that even if the plan required that Sears Stock be offered, the plan’s fiduciaries were obligated by law to disregard that directive once it became clear company stock was no longer a prudent investment for the plan.