ERISA class action lawsuits against retirement plan fiduciaries have become commonplace over the last few decades, usually alleging that imprudent processes and lack of oversight led to excessive fees ...

A Florida district court recently gave TECO Energy, Inc. another victory in an ERISA case when it dismissed Plaintiff’s proposed class action with prejudice. Roche v. Teco Energy, Inc., No.

In Field Assistance Bulletin 2025-02, the regulator addressed confusion resulting from ERISA-related questions that arose after passage of the SECURE 2.0 Act of 2022. On April 3, the Department of ...

The Employee Retirement Income Security Act (ERISA) was enacted on Labor Day 1974 by President Gerald Ford to provide greater protection for employees participating in workplace benefit plans. More ...

Q: Should retirement plans get a 408(b)(2) fee disclosure from service providers such as consultants and pharmacy benefit managers? How do we determine that the fee is no more than reasonable? Jamie ...

To meet their fiduciary duties, the plan administrator of “covered individual account plans” must comply with the disclosure requirements of Section 404(a)(5). Covered individual account plans include ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...