Compliance

According to the fund, an error occurred due to its lack of access to more comprehensive data on deaths.

The organizations plan to conduct research and educate plan sponsors and participants on fraudulent activity in retirement plans to increase awareness of the rampant issue.

The vote was held in a closed session and advanced by a party-line vote; meanwhile, the Senate committee chaired by Bernie Sanders ponders a return for DB plans.

The plan sponsor and its advisers proved they had conducted the appropriate due diligence in selecting funds and managing the retirement plan, the judge concluded. 

Ali Khawar, of the Employee Benefit Security Administration, indicated that the agency may be set to finalize amendments to the fiduciary correction program in the coming months.

The same Senate committee will also host a panel to discuss methods of expanding access to defined benefit plans.

Federal judge allows lawsuit against American Airlines’ defined contribution plans to proceed.   

A judge determined the retirement plan recordkeeper and third-party administrator misappropriated millions in clients’ plan assets.  

The SEC has explained that advisers must have a reasonable basis to believe moving assets from a former employer’s plan to an IRA is a better option.

The IRS December grab bag notice provisions on de minimis incentives and terminally ill distributions also received some pushback from the industry.

A lawsuit against the Hess Corp. alleges Hess plan fiduciaries included target-date mutual funds instead of collective investment trusts in the investment lineup, to the detriment of participants.

The newcomers include Sandy McCarthy of OneAmerica Financial, who takes over as chair.

The House of Representatives hosted a second hearing on the retirement security proposal, during which witnesses disagreed on the adequacy of existing rules and the proposal’s potential to...

The tax credit is designed to make health insurance purchased through the marketplace more affordable.

Regulator cites growth of outreach and education programs along with monetary recoveries among last year's accomplishments.

Tim Hauser sat down with PLANSPONSOR to discuss the merits of the proposal.

A few informal proposals have been made in recent years, and none got very far.

Plan sponsors can find education and training for their retirement plan committees from several sources, but how best to build one and why are separate questions.

The retirement and insurance industries are backing the bill.

The regulator prevailed in motions against a Pennsylvania retirement third-party administrator it alleges stole $5.5 million in retirement plan assets from 17 clients.