In late October 2024, the United States Court of Appeals for the Eleventh Circuit ruled in Romano v. Hancock Life Insurance ...
Bank of America Corp.'s investment management unit won a court order clarifying that an incentive compensation program ...
ERISA doesn’t protect employees who contribute to 401(k)s from investment losses if the stock market goes into a tailspin. However, the law requires your employer to keep plan assets in an ...
A former Clorox Co. employee advanced a proposed class action saying the company mismanaged its 401(k) plan by using ...
But watch out! Automatic beneficiary revocation laws do not apply to Employee Retirement Income Security Act (ERISA) and federal life insurance and retirement benefits. The rules are different for ...
The Employee Retirement Income Security Act, or ERISA, is a federal law enacted in 1974 that protects retirement assets by requiring clear plan details, fiduciary responsibility and participant ...
The writing: Aronowitz writes regularly for an Encore fiduciary law blog. As a blogger, Aronowitz has been a critic of plaintiffs' lawyers' wave of suits against ERISA plan fees. He asked in one ...
[4] The intersection of securities laws and ERISA laws are overlayed with general government-enforcement policies that should be considered in a nuanced manner when acting on behalf of retirement ...
The regulatory pendulum has been swinging toward deregulation since Donald Trump was inaugurated last month. On his first day in office, January ...
ERISA was signed into law by President Gerald Ford on Sept. 2, 1974 and today oversees approximately 2.8 million health plans, 765,000 private pension plans and 619,000 other welfare benefit plans ...