Legal

The Supreme Court has ruled that the California Public Employees Retirement System took too long to file its lawsuit stemming from the 2008 collapse of Lehman Brothers.

Under Californias state-administered Secure Choice plan, IRAs 'should not be considered ERISA plans' in potential legal challenges, a legal advisor to that state's lawmakers says.

The House Republicans introduced a disclosure-driven alternative to fiduciary rule. Here's what it looks like and how it differs from the DOL rule.

A bill that changes major parts of Dodd-Frank passed the House -- but the 'Financial Choice Act' might not pass in the Senate.

Some employers mistakenly think the fiduciary rule won't affect how they administer retirement plans, since they're already fiduciaries -- but there's plenty of gray area where plan sponsors might get into trouble, say compliance experts.

Will the vagueness of the fiduciary rule's impartial conduct standards give advisors on retirement plans some protection during the rules transition period?

Litigation against church retirement plans is expected to continue despite a Supreme Court decision some call 'monumental.'

While registered investment advisors wont be exposed to the fiduciary rules more onerous contractual requirements, RIAs are not completely off the hook, according to a client alert from attorneys at Drinker Biddle.