Articles

Results 1 to 5 of 288


Tussey v. ABB, Inc.: court rules on various 401(k) plan fiduciary issues

USA - May 30 2014 The Eighth Circuit Court of Appeals decided a case in which it addressed a variety of fiduciary breaches alleged by employees participating in an…

Peter K. Bradley, Michael J. Flanagan, Arthur A. Marrapese III, Richard W. Kaiser, Ryan M. Murphy

Unilateral modification of collectively bargained retiree medical benefits leads to litigation

USA - May 30 2014 The increasing and unpredictable costs of retiree medical benefits pose a significant threat to the financial health of employers who sponsor these…

Peter K. Bradley, Michael J. Flanagan, Arthur A. Marrapese III, Richard W. Kaiser, Ryan M. Murphy

Owners of contributing employer to multiemployer pension plan liable for breach of fiduciary duty

USA - May 30 2014 An ERISA fiduciary includes any person who exercises any authority or control over plan assets. If an ERISA fiduciary breaches his or her fiduciary…

Peter K. Bradley, Michael J. Flanagan, Arthur A. Marrapese III, Richard W. Kaiser, Ryan M. Murphy

Retired executives win reinstatement of terminated SERP benefits

USA - May 30 2014 Three retired executives of Bausch & Lomb Inc. have won a district court battle to reinstate their supplemental executive retirement plan (SERP)…

Peter K. Bradley, Michael J. Flanagan, Arthur A. Marrapese III, Richard W. Kaiser, Ryan M. Murphy

DOL proposes rules on 401(k) fee disclosure by service providers

USA - May 30 2014 Beginning in 2012, plan service providers, brokers, and recordkeepers were required to disclose information regarding certain fees they receive to…

Peter K. Bradley, Michael J. Flanagan, Arthur A. Marrapese III, Richard W. Kaiser, Ryan M. Murphy