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Retirements reduced by the stroke of a pen in D.C.

01/31/2015 | Albany Times Union

About 100,000 New Yorkers who depend on a variety of private-sector union pensions could be facing lowered payments in coming years.


13 On Your Side Consumer Alert: Pension Advances

01/28/2015 | WZZM (Lansing, Michigan)

Michigan Attorney General Bill Schuette is warning consumers about a relatively new practice called pension advances.


Fiduciary breach issue gets Supreme Court hearing

01/26/2015 | Pensions & Investments

The U.S. Supreme Court is scheduled to hear arguments next month in an ERISA case that could greatly expand guidelines for defined contribution plan executives' fiduciary responsibilities.


Obama Signals Support for DOL Fiduciary Redraft

01/22/2015 | ThinkAdvisor

DOL fiduciary redraft said to be heading to OMB any day as opponents and supporters prepare for battle


Court Watchers Looking at Plan Fees, Retiree Benefits, Church Plans in 2015

01/20/2015 | Bloomberg BNA's Pension & Benefits Reporter

Just as 2014 brought big rulings on stock-drop litigation and equitable remedies like reformation and surcharge, 2015 is shaping up to be another big year for ERISA litigation, with pending cases involving retiree health benefits, plan fee cases and ERISA's church plan exemption.


Fiduciary Re-Proposal, Fee Disclosures On Deck for 2015; MEPs Wait in the Wings

01/20/2015 | Bloomberg BNA's Pension & Benefits Reporter

Top employee benefit issues for the Department of Labor in 2015 are similar to those in 2014: a re-proposal that would expand the definition of "fiduciary" under the Employee Retirement Income Security Act and guidance on plan fee disclosures.


Multiemployer, 4062(e) Changes Enacted, And Now It's Time to See How It Shakes Out

01/20/2015 | Bloomberg BNA's Pension & Benefits Reporter

Congressional negotiations over a budget bill late last year introduced a landmark change to ERISA on the law's 40th anniversary: To preserve their multiemployer defined benefit plans, trustees and participants can now voluntarily decide whether to reduce benefits instead of waiting for plan insolvency.


Monitoring investments doesn't end

01/18/2015 | Investment News

Supreme Court is reviewing a decision on the responsibility of plans to continually watch costs


New Fiduciary Push Faces Longer Odds

01/16/2015 | Insurance News Net

A coalition of consumer-oriented public interest groups has created a website designed to mobilize public support for a uniform fiduciary standard in anticipation of a renewed push to expand the standard.


How to invest in new state-sponsored retirement plans

01/16/2015 | USA Today

Illinois gets whacked plenty for its troubled public pension plan systems. But now it's getting high praise for being the first state in the USA to offer a novel type of retirement plan, which goes into effect in 2017.