Compliance

Two bills proposed by Congressional Democrats would require certain parties to disclose whether and how they are taking environmental, social and governance factors into account while managing institutional...

The regulator has finalized a potentially important new prohibited transaction exemption.

The single-employer program is improving, but Director Gordon Hartogensis says it’s clear legislative help is needed for the multiemployer program.

They say it will give retirement plan participants a longer window in which to increase their savings, tax deferred.

The DOL says it settled upon the final rule after reviewing approximately 300 written comments and 6,700 form letters from a diverse set of stakeholders.

The proposed settlement is only between the plan sponsor and the plaintiffs, meaning the allegations against Principal are still in play.

Priorities of the National Association of Government Defined Contribution Administrators is in recently introduced legislation, including allowing 403(b) plans to invest in CITs.

Speakers at a Senate Finance Committee hearing called on legislators to create pathways for employers to support retirement savers with competing financial priorities, among other things.

The guidance is intended to help employers that sponsor safe harbor plans comply with provisions of the SECURE Act.

A federal judge concluded that the plaintiffs have failed to exhaust potential administrative remedies.

The 2020-2021 Priority Guidance Plan says the agency will include guidance on uncashed checks.

The lawsuit alleges plan fiduciaries failed to ensure plan investments and fees were prudent.

The parties are now discussing a potential settlement, according to the court docket.

The filing of a stay motion related to a forthcoming settlement represents the beginning of the end for the complicated litigation.

There are plenty of ideas to address the funding crisis facing certain multiemployer union pensions, but consensus federal legislation remains out of reach.

Modifications include updates in response to the SECURE Act.

The plaintiffs in the case are represented by the increasingly well-known law firm Capozzi Adler, which has in the past several years filed an extensive number of ERISA...