The U.S. Department of Labor (the DOL) has proposed an update to its voluntary fiduciary corrections program that, although very limited, will make it easier for fiduciaries to correct some compliance errors in retirement...more
From tax and health care reform to employee wellness programs to even handheld electronic devices, why should your company be interested in today's hot benefits issues? In today's episode of Employment Law Now, a roundtable...more
12/12/2017
/ 401k ,
Cybersecurity ,
Department of Labor (DOL) ,
Elder Care ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employee Tracking ,
Employer Liability Issues ,
Fees ,
Fiduciary Rule ,
Health Insurance Portability and Accountability Act (HIPAA) ,
Health Savings Accounts ,
Human Resources Professionals ,
Pensions ,
Retirement Plan ,
Wellness Programs
Though many in the financial services industry were hoping for a reprieve, anyone who receives compensation for providing investment advice in connection with an ERISA plan or IRA will be considered a fiduciary effective June...more
Participants in Anthem Inc.’s $5.1 billion 401(k) plan have sued plan fiduciaries, alleging that they have top-shelf tastes that constitute a breach of the duties of loyalty and prudence owed to participants, and that the...more
The Supreme Court of the United States recently handed down a decision that opens the door for participants in ERISA-covered benefits plans to stop a lawsuit against them in its tracks by doing something that most people love...more
The U.S. Department of Labor (DOL) issued long awaited re-proposed regulations governing fiduciary status and investment advice titled “Definition of the Term ‘Fiduciary’; Conflict of Interest Rule—Investment Advice” for...more