A former Clorox Co. employee advanced a proposed class action saying the company mismanaged its 401(k) plan by using ...
The Pennsylvania utility PPL has agreed to pay $8.2 million to settle claims by participants in four defined contribution ...
The ERISA Advisory Council has not yet set a date for the year’s first meeting, and has also not yet published reports the ...
In late October 2024, the United States Court of Appeals for the Eleventh Circuit ruled in Romano v. Hancock Life Insurance ...
Magistrate Judge Joseph C. Spero of the U.S. District Court for the Northern District of California issued his opinion in Wit ...
A plan sponsor’s fiduciary duty to be transparent in Pharmacy Benefit Manager contracts safeguards plan participants’ interests and mitigates the risk of litigation, regulatory penalties, and ...
Top hat plans” — like the one at issue in the case — are not subject to ERISA’s fiduciary requirements, per the judgment.
While a recent survey claimed more than 700,000 American companies could be at risk of fines and legal penalties for ...
The Employment Retirement Income Security Act (ERISA), enacted in 1974, established critical protections for employee retirement benefits by imposing funding requirements, defining eligibility ...
It has been over two years since SECURE 2.0 was enacted, and a recent report confirms it remains a top priority for plan sponsors. In fact, 82% of plan sponsors emphasize that reviewing provisions and ...
A federal judge in Texas ruled that the 2022 ESG rule does not violate ERISA, reaffirming his initial decision made before ...
The regulatory pendulum has been swinging toward deregulation since Donald Trump was inaugurated last month. On his first day in office, January ...