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.
Among the five lawsuits against the U.S. Department of Labors fiduciary rule, the claims brought on behalf of fixed indexed annuity providers are uniquely compelling.
Recent lawsuits against sponsors of 403(b) plans at Yale, NYU, Duke, Columbia and other universities raises questions about these plans' designs and sponsor practices.
The CBO has examined several policy proposals that "could" improve the financial health of critically underfunded multiemployer plans, and potentially reduce claims to PBGC. Is a bailout next?
Barry Salkin says it's still a good move for many types of retirement plans, even considering recent court rulings against the enforceability of such provisions.
What to know about the DOL fiduciary rule, whether you're a broker-dealer, insurance agent, IRA advisor, registered investment advisor, or plan sponsor.
A participant in BP Corp.s retirement plan sued the company in Illinois to recover denied benefits from a life insurance policy. BP Corp. filed a motion to move that venue. Here's what happened.
In light of the DOLs recent hardline stance on the subject of plan sponsor obligations under ERISA (GAP Stores and others have recently been sued in breach of fiduciary lawsuits), I believe that the new safe haven transparency standard for plan sponsors must be fiduciary-level transparency.