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The Impact Of New Fiduciary Rule On 401k Plan Sponsors - Employee Benefits & Compensation

Of Counsel Michelle Capezza spoke to Fiduciary News examining the objectives and implications of the Department of Labor's new fiduciary rule.

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BREAKING: DOL Expands Definition Of Fiduciary Under ERISA - Employee Benefits & Compensation

The U.S. Department of Labor issued final regulations on April 23, expanding the definition of "fiduciary" under ERISA. The final regulations alter the definition of "investment advice fiduciary".

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Massachusetts District Court Grants Motion To Dismiss 401(k) Fiduciary Breach And Prohibited Transaction Claims - Employee Benefits & Compensation

A federal district court in Massachusetts dismissed ERISA fiduciary breach and prohibited transaction claims against 401(k) plan fiduciaries, ruling that the prohibited transaction.

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Benefits Counselor - April 2024 - Health & Safety

In March 2024, three class action lawsuits were filed by former plan participants against plan fiduciaries in connection with pension risk transfers to Athene Holding Ltd.

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California Supreme Court Grants Review Of First Post-Alameda Decision On Compensation Earnable Restrictions — Amicus Curiae Briefs Due August 2024 - Retirement, Superannuation & Pensions

In surprising news for the California county retirement system community, on April 17, 2024, the California Supreme Court granted review of Ventura County Employees' Retirement Ass'n v. Criminal Justice Attorney's Ass'n of Ventura County (2024) 98 Cal.App.5th 1119 (the VCERA decision).

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