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.
Is it a stay or a delay? Consumer advocates say Labor is actually proposing a stay of the fiduciary rule under the guise of a simple delay of the rule.
Although there are no fixed targets among employee benefits specified in the proposed Republican tax reform plan, its too soon for employers or employees to breathe easy.
The HR vice president of a Southern California Edison subsidiary was judged liable for breach of fiduciary duty in a well-known 401(k) case, Tibble vs. Edison.
The five potential changes to federal retirement in the CBO report are made up of three options changing federal employee pension plans and two that would replace it altogether with larger contributions to the Thrift Savings Plan.
Asset managers face greater risks to reputations when their 401(k) plans are sued for offering their own investments -- and plaintiff's lawyers are leveraging that.