Tag: Fiduciary

Morningstar policy brief analyzes the impact of the Department of Labor Retirement Security Rule. 

The regulator prevailed in motions against a Pennsylvania retirement third-party administrator it alleges stole $5.5 million in retirement plan assets...

The Pension Benefit Guaranty Corporation has escalated legal proceedings against a pension plan sponsor that allegedly stopped paying insurance premiums,...

Republicans appeal to the U.S. 5th Circuit Court of Appeals, requesting it strike down the rule that permits environmental, social...

NFP names Greene president of benefits unit; CFP Board appoints Boersen as chair; Carter joins Sanctuary Wealth; and more.

Alight claims Paula Disberry’s retirement lawsuit “arose out of the unfortunate theft,” of $750,000 in 401(k) assets, not fraud or...

AT&T has filed for additional time to request a rehearing. 

The 2016 lawsuit accused Verizon of failing to monitor a hedge fund in its retirement plan TDFs.

The EBSA seminar will focus on increasing awareness and understanding of basic fiduciary responsibilities when operating a small or medium-sized...

The U.S. District Court for the Eastern District of Missouri has ruled in favor of the defendants in an Employee...

The settlement also includes ‘meaningful non-monetary relief’ related to the ongoing management and administration of the company’s defined contribution plan.

A significant regulatory concern is that banks should not simply “rent their charters” to third-party registered investment advisers seeking to...

Attendees at the virtual conference learned about what it takes to operate a plan that complies with all regulatory responsibilities...

Experts discussed the types of outsourcing available to plan sponsors, from basic 3(16) administration services to full discretionary 3(38) investment...

The complaint suggests the plan should have been able to negotiate highly competitive rates for investment and administrative services but...

The Department of Labor says the fiduciary diverted tens of millions of dollars in plan assets for their own personal...

Barbara Roper, who is known for her extensive work on financial services consumer protections as a leader of the Consumer...

Retirement plan fiduciary breach lawsuits question the use of revenue sharing far more commonly than they criticize its absence.

The defense’s dismissal motion has been met with skepticism by the presiding district court.

The title of the regulation also suggests it will address the related but distinct issue of proxy voting advice and...