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Groom Law Group
On March 8, 2024, the Department of Labor ("DOL") sent a final version of the Retirement Security Rule: Definition of an Investment Advice Fiduciary (the "Fiduciary Rule")...
Groom Law Group
Each week while Congress is in session, our Policy team delivers a key update to highlight a topical benefits, health, or retirement news item from the Hill...
Jones Day
The Employee Retirement Income Security Act ("ERISA") plaintiffs' bar has found a new way to allege that 401(k) plan sponsors have breached their fiduciary duty.
Mayer Brown
On February 21, 2024, Judge Reed O'Connor in the Northern District of Texas denied a motion to dismiss an ERISA plaintiff's complaint challenging American Airlines' selection and retention of multiple investment funds in its retirement plan.
Hall Benefits Law
Congress passed the SECURE 2.0 Act of 2022 to encourage workers to save for retirement. The Internal Revenue Service (IRS) recently issued additional guidance on various provisions...
Jackson Lewis
The Senate Committee on Health, Education, Labor, and Pensions (HELP) on Tuesday, February 27, 2024, narrowly advanced the nomination of Acting Secretary of Labor Julie Su...
Ropes & Gray LLP
Late last year, Ropes & Gray published a white paper that focuses on the current climate regarding ESG regulation with respect to the investment of state retirement plan assets.
Reinhart Boerner Van Deuren s.c.
In January 2024, the U.S. Department of Labor (DOL) and the Internal Revenue Service (IRS) issued new guidance for retirement plan sponsors considering whether to implement...
Jackson Lewis
The SECURE 2.0 Act of 2022 had many retirement plan provisions, including the pension-linked emergency savings account (PLESA)...
Ropes & Gray LLP
In the tidal wave of litigation launched by the plaintiffs' bar against employer-sponsored benefit plans over the last several years...
Proskauer Rose LLP
A California district court recently denied a motion to dismiss claims that the fiduciaries of a 401(k) plan breached their ERISA fiduciary duties of prudence and loyalty by selecting underperforming, high-cost investments and...
Reinhart Boerner Van Deuren s.c.
Last month, plan sponsors considering whether to adopt the pension‑linked emergency savings account (PLESA) feature included in the Setting Every Community Up for Retirement Enhancement 2.0 Act of 2022...
Fenwick
In the constantly changing health insurance landscape, level-funded health plans are steadily gaining ground as a viable middle approach between fully insured health plan and self-funded...
Lowenstein Sandler
Andrew Graw, Taryn Cannataro, and Jessica Kriegsfield of Lowenstein Sandler's Employee Benefits and Executive Compensation Practice Group address multi-employer pension plans in the context of a business...
Seyfarth Shaw LLP
As foreshadowed in our earlier post, the first complaint was filed in what is expected to be a wave of litigation alleging breach of fiduciary duty in selecting and monitoring welfare plan vendors.
Pierson Ferdinand
If the pandemic taught us anything about the American office, it taught us that remote work can certainly be done and done well.
Groom Law Group
The IRS announced earlier this month that it is extending its pilot program under which retirement plan sponsors are given 90 days' notice...
Worldwide
Willkie Farr & Gallagher
The Trends and Developments in the Longevity and Pension Risk Transfer Market Year in Review was authored by Willkie's Global Longevity and Pension Risk Transfer Team.
Withers LLP
Many people come to California temporarily for work from outside the US and then end up becoming part of the great economy that encourages innovation and entrepreneurship for the long haul.
Ropes & Gray LLP
This month a leading UK panel of judges, lawyers and legal scholars issued a high-profile advisory opinion firmly endorsing the consideration of climate change by pension fund trustees...
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