The hearing last month explored the legal process for enforcing the fiduciary duty of retirement plans to avoid excessive recordkeeping fees.
The brief is in support of Southern Co. Services, which is accused of using outdated assumptions when calculating retirees’ joint and survivor annuity benefits.
When it comes to ERISA ligation, even if at first you do succeed, you often have to try, try again. Certainly that’s been the case of the fiduciaries of the HP 401(k) plan, one of a number of national ...
HP Inc. again defeated proposed class claims accusing the technology company of mismanaging the 401(k) funds forfeited by ...
Employee dishonesty insurance helps protect against embezzlement, petty theft and more from your employees against your ...
“The American Bar Association’s Formal Ethics Opinion 08-451 allows attorneys to outsource legal and nonlegal services, including liens resolution, so long as they remain ultimately responsible for ...
For the first time since the DOL adopted its Voluntary Fiduciary Correction Program (VFC Program) in 2002, retirement plan sponsors will be able to utilize self–correction as an efficient means to ...
Gerdau Ameristeel US Inc. negotiated a class-wide settlement with workers who say the steel maker’s 401(k) plan is plagued by excessive administrative fees.
Oral arguments in Frisard’s Transp., LLC v. United States DOL were scheduled to begin early this month, but, under the new administration, the Department of Labor secured a postponement.
The agency charged with insuring New Mexico state government reported a negative balance of $3.9 million in its settlement ...
A credit-rating agency reported Thursday that President Donald Trump's proposed tariffs could slow economic growth, increase inflation and push up unemployment. The S&P Global Ratings economics team, ...