Tag: Employee Retirement Income Security Act

The plaintiffs’ claims survive the defendants’ motion to dismiss

A total of $750,000 was stolen from a retirement account managed by the defendants—who, the plaintiff alleges, ignored many red...

The judge rules that there is no evidence that Goldman Sachs acted either disloyally or imprudently with its employees’ defined...

Case alleges firm put high-fee, underperforming proprietary funds in its retirement plan

The tool for employer-sponsored plans seeks ‘democratization’ of the use of collective investment trusts. 

Despite push from HELP Committee Chairwoman Patty Murray, Lisa Gomez’s nomination as assistant secretary of labor remains in limbo.

A consolidated class action complaint claims that the church’s 401(k) plan elected to be governed by the Employee Retirement Income...

Labor Secretary Marty Walsh has alleged several ERISA breaches.   

A plan participant saw her whole defined contribution retirement account balance vanish.   

An educational institution is the latest to face a lawsuit alleging that plan fiduciaries breached their fiduciary duties to participants.

A retirement plan provider that championed cryptocurrency for 401(k) plans has brought a lawsuit against the Department of Labor for...

Longevity risk has received increased attention from the government, the retirement industry and workers, but solutions have yet to be...

The largest U.S. business lobbyist opposes bill banning discretionary clauses.

Fiduciary breach claims are likely to spike—and win—if the two-pronged legislation is passed.

Providing retirement plan participants with access to a self-directed brokerage window demands the examination of plan demographics to determine if...

It’s important to assemble the right people with the right tools to make a retirement plan committee as efficient as...

The suit had charged the Navy defense contractor with selecting mutual funds with an average expense ratio of 0.81% when...

While a court has ruled the plan’s advisers should be carved out of the litigation, the counts against Home Depot...

The decision follows an investigation by the DOL.

The 7th Circuit found a district court was hasty in granting summary judgment to the health care system before all...