The Supreme Court’s review could answer the question of what qualifies as a plausible claim for relief in DC plan excessive investment and recordkeeping fee suits.
Court documents did not specify the status of negotiations with defendant Lowe’s Cos., but claims against Aon Hewitt Investment Consulting will move forward.
The complaint alleges that many of the funds offered by State Street in its staff retirement plan were selected and retained because the defendants benefited financially from their...
The case includes various allegations of self-dealing and fiduciary imprudence and disloyalty discretionary investment management services provided by Russell Investments to Caesars Entertainment.
The university has agreed to request competitive bids for administrative services in the next three to four years and maintain the lowest share class of plan investments, among...
After a year of alternating decisions related to ESG investing, the proposal would amend ERISA to make it clear that workplace retirement plans can choose to consider such...
A proposal passed by a wide margin in the New York State Assembly would ensure that private-sector employees are automatically enrolled into the Secure Choice Savings Program, and...
The Improving Access to Retirement Savings Act parallels, but does not exactly match, the Securing a Strong Retirement Act, a piece of legislation which was recently advanced out...
The Securing a Strong Retirement Act asks the DOL to modify ERISA to allow plan sponsors to use a benchmark that’s a blend of different market indexes.
The agency says the relief applies to each plan year which falls inside the relief period, and provisions of the law are not limited to staff reductions caused...
Speakers at a Senate HELP Committee hearing highlighted how the defined contribution plan coverage gap is the most severe for workers in the small business community, as well...
A judge said the plaintiff plausibly pleaded that the defendants committed fiduciary breaches and prohibited transactions by selecting and retaining proprietary funds.