Compliance

Also known as adequate consideration, the ESOP community has been calling for share pricing regulation for years.

Companion bills in the House and Senate have been introduced by Republicans and Senator Manchin that would cancel the DOL’s final rule.

The council will report on their findings to EBSA.

A seven-year-old lawsuit concerning fee disclosure could be before the Supreme Court next term.

For a second time, the 9th Circuit has resurrected a lawsuit that targeted the aerospace and defense company.  

The Biden administration has not yet nominated a full director.

Workers will be able to contribute $4,300 annually for self-only coverage and $8,550 for family coverage.

The recommendations include: lower PBGC fees costs and allowing DC to DB transfers.

Critics of the Retirement Security Rule argue that at a minimum, DOL cannot regulate IRA to IRA rollovers.

J.P. Morgan Chase & Co. was accused in a new lawsuit of not having sufficient procedures in place to prevent the recent data breach, which exposed participants’ personal...

San Francisco-based software company seeks a settlement in lawsuits that alleged the 401(k) plan charged participants excessive fees.

The Department of Labor found many violations in retirement plan audits last year, likely because plan sponsors were not regularly self-auditing plan operations.

Participation incentives and Roth employer contributions will have to be reported as gross income.

Supporters of the rule argue that plan fees should fall, especially for smaller sponsors.

The Pension Benefit Guaranty Corporation is seeking damages from a construction company after the PBGC took over its terminated pension fund.  

An advocacy group for independent insurance advisers alleges the DOL’s Retirement Security Rule is similar to a proposal struck down by federal appeals court.

Given the recent data breach at J.P. Morgan, plan sponsors should evaluate their recordkeepers’ cybersecurity practices and ensure there is a plan of action in case a breach...

NAGDCA also listed delayed implementation dates and the creation of a National Retirement Security Month.

This is the third case that law firm Schlichter Bogard LLP has brought against a company following a pension risk transfer with Athene in the last few months.

The Department of Labor is continuing its enforcement push against profit-sharing plans.