Another national employer has been sued for a fiduciary breach in its use of plan forfeitures – with some significant differences in the specific allegations.
A recent call with a financial advisor in Utah is representative of a common question on foreign earned income. The advisor asked: “Do we need to add a participant’s foreign earned income to their U.S ...
A new study that evaluates viewpoints on key retirement and investment trends from 35 leading consultant and advisory firms finds that more defined contribution (DC) plan sponsors apparently are ...
The Settlement Agreement also proposes to allocate no more than $1,133,220 (33 1/3% of the Gross Settlement Amount) for the payment of attorneys’ fees, and Plaintiffs’ Case Contribution Awards of no ...
New research puts a new twist on “A Wonderful Life” – answering the question, what if there hadn’t been an ERISA?
From beginning to end, ERISA was a bipartisan effort,” Phyllis Borzi, former Assistant Secretary of the U.S. Department of Labor, said at the outset of the ERISA 50th Anniversary Symposium in ...
Coming only days after the IRS provided its seal of approval for such an arrangement, global advisory firm WTW announced the launch of a new solution to provide employees with expanded flexibility in ...
What are some of the most significant developments affecting retirement plans, and what role has ERISA played in allowing for the continued evolution and innovation of providing benefits?
A recent call with a financial advisor in Colorado is representative of a common question on 401(k) plan revenue sharing. The advisor asked: “If a 401(k) plan allocates revenue sharing payments to ...
Voya Financial and OneAmerica Financial announced Sept. 11 that they have entered into a definitive agreement for Voya to acquire OneAmerica’s full-service retirement plan business.
Retirement plan websites and mobile apps apparently are still not meeting customer expectations for a valuable digital experience, according to a new study.
The House of Representatives hosted another hearing on Sept. 10 in which House Republicans characterized ESG as “woke” and an attempt to steer investor dollars toward social causes, at the financial ...