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.
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.
Analyzing the Labor Departments proposed 18-month delay for the fiduciary rules major compliance requirements, some say the DOL doesn't offer enough evidence for cost of delay.
Some of the biggest and most trusted names in finance, along with some other big companies, have been hit with large-scale litigation stemming from alleged abuses of that trust in recent years. Here are five of the most notable recent cases against 401(k) providers.
Looking at the 401(k) excessive fees case Tibble v. Edison, which went to the Supreme Court, who really benefits from the tens of millions in damages and settlements sponsors and providers have paid?