Compliance

The mixed ruling comes in response to the Land O’Lakes defendants’ motion to dismiss the suit based on a lack of subject matter jurisdiction and failure to state...

The court rejected claims in the amended complaint that Abbott’s decision to hire Alight Solutions, another defendant in the case, was a breach of the fiduciary duties of...

The IRS has issued final regulations regarding qualified plan loan offset amounts, which are the same as proposed regulations except for a change in the applicability date.

A new filing with the 9th U.S. Circuit Court of Appeals says the DOL no longer wants to participate in the case and does not support either side.

During the confirmation hearing, Boston Mayor Marty Walsh was complimented as being fully qualified for the role of labor secretary by senators on both sides of the aisle.

AIG has agreed to transfer the handling of transactions from American General Life Insurance Co. to its New York-based subsidiary, The United States Life Insurance Co. in the...

The complaint alleges the defendants failed to choose less costly and equally or better-performing investment options for the plan, or to use the plan’s size to reduce recordkeeping...

The plaintiffs allege the use of actively managed funds and higher-cost share classes caused them to lose millions.

Union leaders say Marty Walsh is a tremendous leader with the kind of empathy, vision and commitment to working families that the nation needs; other stakeholders are less...

It’s crucial for plan sponsors to have and follow a good investment policy statement and to carefully document the reasons for all their decisions.

The Ways and Means Committee chairman sets out goals for Social Security benefits, MEPs and automatic features in his list.

Health benefit plan service provider disclosures have been added to ERISA Section 408(b)(2).

Industry experts point out that not all suggestions from the DOL work for every plan sponsor, and they share tips for implementing the guidance and list unanswered questions.

The bill contains provisions designed to improve the financial situation of multiemployer plans, as well as provisions for funding relief for single-employer defined benefit plans.

A federal judge found the plaintiffs in most cases did not provide sufficient evidence that the hedge fund and private equity investments in Intel’s retirement plans were imprudent.

Retirement industry practitioners will be eagerly watching the House and Senate for progress on the SECURE Act 2.0 and related legislation.

Secretary of Labor Eugene Scalia is fighting his own lawsuit about the matter and objects to a provision in the settlements that would bar him from litigation.

According to the complaint, during the class period, the plan paid between $239 and $567 per participant annually for retirement plan recordkeeping and administration services.

The lawsuit says the target-date funds were selected for the plan despite having no performance history and, when they continued to underperform, they were not replaced with better...