Compliance

Joseph Smolen will take over as SPARK’s new board chair.

The ESG rule was upheld in a Texas district court, but was appealed to the 5th Circuit in October 2023.

The brief was filed to support Yale in the plaintiffs’ 2nd Circuit appeal of a 2023 jury verdict that was almost entirely in the university’s favor.

A California federal judge’s ruling in an ERISA lawsuit against Molina Healthcare provides a window into this court’s thinking on ERISA lawsuits and clues to winning plan sponsor...

With the PBGC director at a subcommittee hearing, House Republicans indicated the PBGC should lower premiums for its single-employer insurance program.

In two separate cases, AT&T is once again a target for a pension risk transfer it conducted with Athene, and a case against utility company PPL for using...

The proposal would add a private right of action and tighter conflict of interest rules.

The U.S. 5th Circuit Court of Appeals issued a stay for a rule that included some standards set to take effect next year.

Advocates for the protection of retirees’ pensions and benefits say the telecom firm has ‘shamefully discarded 97,000 loyal retirees’ in pension risk transfers over the years. 

Central States was granted $127 million that it was not entitled to because the PBGC counted over 3,000 deceased participants when calculating the size of the grant.

The proposal would apply to Roth sources in excess of $10 million for individuals earning $400,000 or more.

Three separate lawsuits have been filed against the SEC seeking to overturn its final rule. 

Meanwhile, a new lawsuit was filed against Lockheed Martin over two PRT deals involving Athene Annuity and Life Company from 2021 and 2022.

Attorneys for the plaintiffs in a case about cybersecurity liability for participant data asked a Georgia federal judge for final approval of a multimillion dollar settlement .

Retirees alleged that AT&T shifted its pension responsibilities for 96,000 participants to a ‘risky’ insurance company, according to the lawsuit.

The budget proposal takes aim at ‘tax-free fortunes,’ and includes tax consideration to shore up Social Security.

The final draft has been written and now will undergo a review expected to take about 60 days.

The president focused his remarks on issues that stress Americans’ finances and vowed to protect Medicare and expand drug price negotiation authority.

The council, consisting of 15 members, advises the Department of Labor on ERISA-related issues.

The Sheltering Arms organization shut down in 2023, and the PBGC seeks to become its defined benefit plan’s statutory trustee.