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The council plans to recommend to the DOL that if plan participants do not respond to notices or retirement distribution checks from a retirement plan, the plan sponsor should be able to put those funds in a forfeiture account.

The U.S. Department of Labor has announced three new cases against companies in which it alleges participants in retirement plans were being harmed.

The Plan Sponsor Council of America, ERISA Industry Committee and U.S. Chamber of Commerce have asked the Department of Labor to clarify some of its proposals relating to fee disclosures in participant-directed individual account plans.

The very meaning of investment advice for retail investors may be fundamentally altered in what promises to be a big regulatory change.

The U.S. Department of Labor's revamped fiduciary standard will include transactions involving IRA accounts but won't be ready by October, as had been anticipated.

Many in the industry say they like the idea of helping plan participants better understand how their current retirement savings will translate into lifetime income upon retirement. But thats where agreement stops.

For all the talk of theories, benchmarks and finger-pointing, basic math reveals the real issue with 401(k) fees and why its so hard to do anything about it. ...

Both groups support the concept, so long as a few changes are made.