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Humana Inc Defeats Class Action Claims of Excessive 401(k) Fees

A federal judge in Kentucky ruled in favor of the Humana Retirement Savings Plan with a summary judgment and dismissed the lawsuit.

United statesRussel hohmanSusan smithDouglas nevilleKena mooreVeronica cargillRebecca grady jenningsTimothy sweeneyHumana incCharles schwab retirement plan servicesKaplan johnson abate birdHardy baconRepresentatives for humana incOmelveny myersUb greensfelderUs district court

AT&T Seeks Dismissal From Two Lawsuits Targeting PRT Deal with Athene

The telecommunications company argued that allegations that it failed in its fiduciary duties are misplaced and should fall to its independent fiduciary, SSGA.

United statesJerome schlichterT incShlichter bogardLife companyGlobal advisors trust coUs district courtAthene annuityLibby hoopes brooksEmployee retirement income security act

Conservatives tied to Trump want to limit insurance coverage for abortions

The proposal could make it more difficult for those with private-employer insurance to get out-of-state abortions, legal experts say.

United statesChris lacivitaLiz mccaman taylorRacheln morrisonKaroline leavittBrendan maherMccaman taylorJose luis maganaJonathan berryJoe bidenDonald trumpHeritage foundationEmployment opportunity commissionPublic policy centerLabor departmentTexasam university

ERISA Improved Retirement Security, But Hurt Pensions

The law greatly incentivized DC plans over DB plans, according to experts at an ERISA at 50 symposium.

United statesBruce cadenheadAndy banducciMark iwryLloyd katzIndustry committeePension benefit guaranty corporationInvestment company instituteBrookings institutionAmerican academy of actuariesEmployee retirement income security actAmerican academyInternal revenue codeInvestment company

New York Federal Judge Rules Against TIAA in Managed Account Suit

New York Federal Judge Rules Against TIAA in Managed Account Suit
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New yorkUnited statesPolk faillaSandra putnamJoan gonzalesKatherine polk faillaJohn carforaWilmer cutler pickering haleTeachers annuity association of americaUs southern district courtUs district courtInstitutional servicesSchlichter bogard dentonLoyola marymount university defined contribution retirement planNew york basedDistrict court