The largest plans in the Northern Trust Universe had a median return of -0.8% in the fourth quarter and 9.4% for the full ...
The hearing last month explored the legal process for enforcing the fiduciary duty of retirement plans to avoid excessive recordkeeping fees.
Fifty years ago, the world dramatically changed for Americans saving for retirement. The landmark law known as the Employee Retirement Income Security Act (ERISA) was enacted. But is the law still ...
The brief is in support of Southern Co. Services, which is accused of using outdated assumptions when calculating retirees’ joint and survivor annuity benefits.
In another courtroom battle between the Department of Labor and the retirement industry, three big employer groups are ...
How much proof of mismanagement or financial malfeasance do you need before you can legally accuse your retirement plan of ripping you off?
When it comes to ERISA ligation, even if at first you do succeed, you often have to try, try again. Certainly that’s been the case of the fiduciaries of the HP 401(k) plan, one of a number of national ...
The lawsuit filed in Texas says the carrier's failure to remove an underperforming fund option, which holds over $2 billion in assets, has cost plan members millions.
There has been a recent uptick in ERISA class actions challenging the use of 401(k) plan forfeitures. Forfeitures are employer contributions ...
Strategic ERISA (Employee Retirement Income Security Act) plan design and administration require more than just technical compliance—they call ...
HP Inc. again defeated proposed class claims accusing the technology company of mismanaging the 401(k) funds forfeited by ...
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