Compliance | July 10th, 2024 Employer Forfeited Funds Complaint Against HP Inc. 401(k) Plan Is Dismissed A federal judge ruled the suit’s ‘theory of liability’ was too broad and dismissed the complaint, which focused on the...
Compliance | May 3rd, 2024 Fiduciary Rule Lawsuit Leans on Past Court Strike-Down An advocacy group for independent insurance advisers alleges the DOL’s Retirement Security Rule is similar to a proposal struck down...
Compliance | April 8th, 2024 EBSA Head Lisa Gomez Says DOL Continues Honing Retirement Security Rule Department is focused on several areas, including the need for clarity around when a participant educator is crossing the line...
Administration | October 6th, 2023 Citi Gets DOL Approval for Diverse Manager Plan Fee Payments The bank’s attorneys tout a positive response from the DOL on the program designed to promote diverse asset managers in...
Compliance | August 31st, 2023 Wagner Law Group: Climate Funds, ERISA May Co-Exist, With Prudence A fiduciary can use climate funds, as long as they ‘equally serve’ the financial interests of participants.
Compliance | August 10th, 2023 How du Pont Family’s 1947 Pension Trust Became an ERISA Nightmare Fiduciaries of the trust are now liable for $38 million in pension liabilities.
Compliance | September 19th, 2022 Goldman Sachs Did Not Violate ERISA Requirements, Court Says The judge rules that there is no evidence that Goldman Sachs acted either disloyally or imprudently with its employees’ defined...
Compliance | October 17th, 2018 Appellate Court Revives Putnam Self-Dealing Suit The 1st U.S. Circuit Court of Appeals found “several errors of law in the district court’s rulings.”