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 DOL fiduciary rule will disrupt institutional financial advising as well as retail, but it must not paralyze the industry, a panel at IRI's annual meeting said.
The Retirement Enhancement and Savings Act would offer tax incentives to small businesses starting retirement plans. The Miners Protection Act addresses the solvency of the United Mine Workers of Americas pension and health care plans.
Former Bank of America director Megan Messina, who was co-head of global structured credit products, became the latest woman to allege widespread bias at a Wall Street bank.
Like others in the litigation insurance field, this new company only pays out a policy if the case reaches trial and a jury awards no money to the plaintiff. But unlike others, it doesn't vet cases.