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.
When Congress passed the Wall Street Reform and Consumer Protection Act (aka Dodd-Frank) in the summer of 2010, it neither reformed Wall Street nor protected consumers. Indeed, it did worse.
The Supreme Court has ordered a lower court to reconsider whether fiduciaries of Verizons defined benefit pension plan violated their duty to participants.
The DOL fiduciary rule could affect big recruitment bonuses that often come with strings attached -- such as production levels and quotas for proprietary products.
Two recently filed class-action claims against bank holding companies underscore the fiduciary risk in offering proprietary mutual funds to 401(k) participants.
Will Congress end up having to bail out the Central States pension plan? Was Treasury 'cowardly' in its recent decision? Here's what you need to know about the Teamsters pension plan to date.