AutoZone plan fiduciaries are accused of permitting Prudential to steer an excess of assets towards its own proprietary products via the GoalMaker asset-allocation solution.
The PBGC anticipates that providing plans with three available counting methods will allow each plan to choose the one that will be the most accurate and least burdensome.
Experts wondered whether the full 9th Circuit would reconsider a potentially influential pro-arbitration ruling issued recently by a three-judge panel. Now, it appears the full court has passed...
According to the complaint, by selecting Prudential-affiliated funds, the fiduciary defendants placed Prudential’s interests above the plan’s interests.
The life expectancy tables and applicable distribution period tables in the proposed regulations reflect longer life expectancies than the tables in the existing regulations.
Required Board approval before an employee could be eligible to participate in the SERP was not included in the original eligibility provision of the plan.
Their plea, addressed both to Senate Majority Leader Mitch McConnell and Senate Minority Leader Chuck Schumer, comes some six months after the U.S. House passed its version of the...
In a brief to the Supreme Court, U.S. attorneys disagree with the implication that retirement plan participants actually know all the information in the mandatory disclosures made available...
It has been reported that the SEC is investigating sales and disclosure practices at VALIC, a unit of AIG, including its dealings with retirement plan participants at school...
Following some important appellate and Supreme Court decisions, it is “no longer good law” to presume as a general matter that ERISA class actions claims can’t be forced...
A new law, effective on January 1, provides that all employers sponsoring FSA plans must provide notice to participants of deadlines to withdraw funds.
Among the non-monetary elements of the settlement is a requirement to conduct a recordkeeping RFP process that will result in a per-participant fee structure.