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...
Tag: fiduciaries
Morningstar, NAPFA Affirm Support for Final DOL Fiduciary Rule
Morningstar policy brief analyzes the impact of the Department of Labor Retirement Security Rule.
Insurance Broker’s PEP Launches for Private Equity, Venture Portfolio Firms
San Francisco-based Woodruff Sawyer enters the pooled employer plan market, seeking to attract startup plans through the firm’s private equity...
DOL Lawsuit Alleges TPA Stole $5.5M in Retirement Plan Assets From 17 Clients
A restraining order has been filed in the Department of Labor lawsuit against Pennsylvania third-party administrator RiversEdge.
How to Stay Safe From Evolving Cybersecurity Threats
Experts discussed the SEC’s new cybersecurity rules and the importance of having an action plan at PLANSPONSOR’s Cybersecurity livestream.
Car Parts Producer Faces Retirement Lawsuit
The retirement plan for Tenneco Inc. employees is alleged to have committed two breaches of fiduciary duty.
Fiduciary Concerns to Know When Debating Managed Accounts
Before implementing managed accounts—either as a QDIA or voluntary option—plan sponsors should consider potential fiduciary issues.