3 results found
Hunton Andrews Kurth LLP | USA | 14 May 2010
Congress's latest attempt to curtail use of independent contractors
Continuing a trend in Congress to limit employers’ use of independent contractors, on April 22, 2010, Rep. Lynn Woolsey (CA) and Senator Sherrod Williams (OH) introduced the Employee Misclassification Prevention Act (H.R. 5107, S. 3254) (“EMPA”) in the House and Senate respectively.
Jorden Burt LLP | USA | 4 Mar 2010
Congress, federal regulators seek to promote use of annuities in 401(k) plans
Recent market declines have spurred demand for products within 401(k) plans that can mitigate investment and longevity risks by offering a guaranteed income feature.
Jorden Burt LLP | USA | 7 Sep 2009
Providing investment advice under ERISA
Prior to the passage of the Pension Protection Act, insurance companies and others could provide certain non-tailored information to plan participants and beneficiaries under a safe harbor issued by the Labor Department but could not provide particularized information without being exposed to potential fiduciary liability under ERISA.