Legal

Former Michigan Treasurer Andy Dillon has finished his testimony in Detroit's bankruptcy trial with no questions from city attorneys.

Alternative and proprietary funds in 401(k) plans are increasingly drawing regulatory scrutiny, one of the nations leading employee-benefits lawyers said Tuesday.

Retail fund should mean a fund that limits beneficial ownership interest to natural persons, they say.

A judge has ordered Sunkist Growers Inc. and the companys retirement plan fiduciaries to restore $1.6 million in losses to employee benefit plans.

Retired public employees in Montana argue in a new lawsuit that pension cutbacks are an unconstitutional contract change. It's the second legal challenge to reform plans aimed at fixing troubled pension systems.

Contribution limits for 401(k) plans and IRAs were unchanged, but the 1.5 percent cost-of-living adjustment announced by the IRS this week will change pension plan deductions for 2014.