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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.
A case against the fiduciaries of Chevron's 401(k) plan was dismissed. Is this a harbinger of more 401(k) lawsuits?
The judge in the U.S. Department of Labor fiduciary rule case will likely deny NAFA's request for an injunction against the rule. But one annuities expert says it's not the end of the world.
Jerome Schlichter, founding partner at 21-attorney Schlichter Bogard & Denton filed the first 401(k) lawsuits in 2006, and said he knew from the start that these cases had the potential to put his firm out of business.
States can sponsor a workplace retirement savings plan that "doesnt run afoul with ERISA preemption," the U.S. Department of Labor announced today.
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.
A lawsuit alleges Valeant refilled patients' prescriptions without their permission and steered them toward more expensive drugs.
Complying with the Best Interest Contract Exemption is expected to cause sales of fixed indexed annuities to drop.
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.
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