Of the 1,700 civil investigations the DOL's workplace benefits regulatory agency EBSA closed last year, 65 percent resulted in cash recoveries or other corrective actions.
The largest ERISA settlements included disputes over so-called church plans, breaches of fiduciary duty and general claims of retirement asset mismanagement. Here are the top 10.
Does your retirement plan provider, advisor, or recordkeeper have a Computer Security Incident Response Team? With cybersecurity threats everywhere, CSIRTs play an indispensable role in the retirement industry.
Some advisers and brokers may be short-circuiting processes and possibly violating the fiduciary rule's impartial conduct standards, even if inadvertently, attorneys at Drinker Biddle say.
President Donald Trump has signed an anti-government shutdown bill that will eliminate $12.7 billion in Affordable Care Act health insurer fee taxes for 2019.
The Employee Benefits Security Administration agreed in November to push the effective date back to April 1, from Jan. 1, to give disability insurers, employers, and benefit plan administrators and trade groups more time to prove that the new regulations would hurt the group disability market.
From passive investing in 401(k)s to a clean-share safe harbor, to open MEPs, 2018 will require everyone in the retirement industry to stay on their toes.
Jerry Schlichter has won more than $330 million in settlements for 401(k) participants litigating complex ERISA cases against some of the countrys most powerful corporations. But a change may be coming to the world of ERISA claims.