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18 results found

Article

Hodgson Russ LLP | USA | 31 Oct 2011

Agencies issue summary of benefit coverage guidance

The Department of Labor (DOL), Department of the Treasury, and Department of Health and Human Services (HHS) jointly issued proposed regulations regarding the Summary of Benefit Coverage (SBC).

Article

Barnes & Thornburg LLP | USA | 24 Oct 2011

401(k) liability on the horizon: are your plan fiduciaries protected?

Lawsuits involving investment selection and monitoring under 401(k) Plans are proliferating around the country against companies and their respective directors, officers and plan committees.

Article

Pillsbury | USA | 20 Sep 2011

Labor Department releases interim guidance on electronic delivery of fee disclosures for participant-directed plans

On September 13, 2011, the U.S. Department of Labor (“DOL”) in Technical Release 2011-03 (the “Release”) released interim guidance on how plan administrators may use electronic media to deliver the newly required fee disclosures for participant-directed plans.

Article

Morgan Lewis | USA | 26 Aug 2011

New summary of benefits and coverage required for health plans in 2012

On August 22, the Departments of Treasury, Labor, and Health and Human Services (the Departments) jointly published proposed regulations on the new Summary of Benefits and Coverage (SBC) that insurers and group health plan administrators will be required to distribute beginning next year.

Article

Porter Wright Morris & Arthur LLP | USA | 5 Aug 2011

DOL urges Sixth Circuit to weaken presumption of prudence of plan fiduciaries in stock drop cases

The United States Department of Labor (“the DOL”) has challenged the dismissal of a 401(k) plan fiduciary breach claim on two grounds, in an amicus brief filed with the Sixth Circuit Court of Appeals.

Article

Osler Hoskin & Harcourt LLP | Canada | 22 Dec 2010

Does your 401(k) plan offer a target date fund? Get ready for even more participant disclosures

Recent surveys indicate that about three-quarters of defined contribution plans offer target date funds as investment options.

Article

Proskauer Rose LLP | USA | 7 Jun 2010

District court ruling in stock-drop litigation potentially breathes new life into Section 404(c) safe harbor defense

In their continued efforts to combat the rising tide of employer stock-drop lawsuits, plan fiduciaries have frequently relied on a defense based on ERISA 404(c), 29 U.S.C. 1104(c).

Article

Eversheds Sutherland (US) LLP | USA | 2 Feb 2010

DOL and Treasury request information on lifetime income options for retirement plan participants

On February 2, 2010, the Department of Labor (DOL) and the Treasury Department jointly published a request for information (RFI) regarding lifetime income options in retirement plans and individual retirement accounts.

Article

Morgan Lewis | USA | 9 Nov 2009

Department of Labor issues supplemental FAQs about the 2009 form 5500 Schedule C fee disclosure rules

On October 23, the U.S. Department of Labor (DOL) released its much-anticipated guidance on how to complete the new Schedule C to Form 5500.

Article

White & Case LLP | USA | 21 Sep 2009

Proposed legislation andor regulations would increase required disclosures of 401(k) fees

Tax-qualified retirement plan fee disclosure has received significant recent attention from the media and the government.

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