Three former HP employees have sued the company and its plan fiduciaries, alleging that the retention of two underperforming investment options cost participants in its $10.85 billion 401(k) plan more ...
An advisory firm CEO has been charged with embezzling his employees’ retirement contributions and operating Ponzi and mortgage fraud schemes. Embezzlement from an employee benefit plan — maximum five ...
A collective investment trust provider sued by the Labor Department is pushing back — arguing that the agency’s case rests on an unsupported legal theory and overlooks evidence contradicting its ...
Leading Democrats on the House Education and Workforce Committee have written to the head of the Department of Labor’s Employee Benefits Security Administration (EBSA) demanding answers about the ...
And we’re off! It’s that time of year, and we're proud to announce the nominees for our annual NAPA Top Young Retirement Plan Advisors award, a.k.a. “Aces.” Who is setting a high bar relatively early ...
Democrats on the House Committee on Education and Workforce, have proposed three bills that are designed to “protect and strengthen workers’ retirement security.” The bills would extend fiduciary ...
A voluntary benefits suit has come to an abrupt conclusion — less than six months after the suit was filed. The suit was filed in July by participant-plaintiff Justin Chin[i] on behalf of the Macy's, ...
Responsible parents might diligently save for a child’s college education from birth, only to find the funds elsewhere or realize the child's aptitudes suit something else — maybe Harley-Davidson ...
James Vincent Campbell, 49, of Scottsdale, Arizona, pleaded guilty in the District of Maryland to embezzling more than $8.8 million from retirement and welfare benefit plans. ad space Campbell is the ...
Sen. Ron Wyden (D-Ore.), who is the Ranking Member of the Senate Finance Committee, introduced the Saver's Match Enhancement Act (S. 5507) on Thursday, which would expand the refundable match. Enacted ...
The Pension Protection Act turned 20 this summer, and MFS took a comprehensive look back. The findings offer valuable perspective for advisors working to improve outcomes for the plan sponsors and ...