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With 401(k) litigation increasing, plan advisors and plan sponsors need to know the latest laws as well as strategies attorneys are using to sue employers and advisors. BenefitsPRO's legal coverage includes news, analysis and updates on cases.
Companies now face pressing questions such as how to document compliance and how their performance will be tracked.
All employers with 100 or more employees will be required to ensure that their workforces are fully vaccinated or tested weekly.
Delta's penalty, which amounts to $2,400 a year, could toe some lines and may be vulnerable to legal challenge.
Taking the fiduciary duty seriously, finding the right support and learning the lessons of past lawsuits can help avoid time in court.
In another study on PPP loan fraud, 45% of loans by fintech lenders were deemed questionable.
As employers plan for a return to the office, sexual harassment training is just one more area in need of an update for the changed world.
The ruling capped nearly six years of litigation in the case, which went all the way to the Supreme Court.
TIAA was also charged with a failure to adequately disclose conflicts of interest to participants in its record-kept employer retirement plans.
Lawyers say that any type of business that collects customer or employee data should consider buying this insurance.
Rather than paying subcontractor administrative fees, Aetna suggested that Optum "bury" them amid provider charges.