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.
States cant enforce the DOL fiduciary rule -- but they may try to show that Scottrades alleged violation of the rule amounts to a breach of state ethical standards.
Of the 1,700 civil investigations the DOL's workplace benefits regulatory agency EBSA closed last year, 65 percent resulted in cash recoveries or other corrective actions.
As of May 25, 2018, U.S.-based businesses that have operations in the European Union (EU) or that employ citizens of EU nations will have new requirements to meet regarding data protection.
The largest ERISA settlements included disputes over so-called church plans, breaches of fiduciary duty and general claims of retirement asset mismanagement. Here are the top 10.
Nine former employees of Aflac Inc. are claiming pervasive fraud and other misconduct, including pushing them to use sales tactics akin to those of the Wells Fargo scandal, as well as ruthlessly retaliating against whistleblowers.
In what has become an increasingly common business arrangement, owners of nursing homes outsource a wide variety of goods and services to companies in which they have a financial interest or that they control.