ERISA Archives - CFO

U.S. Supreme Court Sides With ERISA Plaintiff

Risk & Compliance

U.S. Supreme Court Sides With ERISA Plaintiff

The ruling in a case against Intel could make it easier for retirement plan beneficiaries to sue administrators for investing plan funds imprudently.

By Matthew Heller | February 27, 2020

Workplace Class Actions: The Threat Keeps Growing

Risk Management

Workplace Class Actions: The Threat Keeps Growing

Class action litigation mania didn't abate last year. Here are five of the hottest trends heading into 2020.

By David McCann | January 15, 2020

AICPA Issues New Benefit Plan Audit Rules

Retirement Plans

AICPA Issues New Benefit Plan Audit Rules

The institute has been seeking to improve the quality of plan audits since a critical government report in 2015.

By Matthew Heller | December 4, 2018

Trump’s Pension Policy

Retirement Plans

Trump’s Pension Policy

If Trump shelves the new fiduciary rule, brokers might seek out deals that pay them best, rather than act in the best interests of sponsors and employees.

By Rob Massa | December 9, 2016

Transamerica Settles Suit Over Its Own 401(k)

Risk & Compliance

Transamerica Settles Suit Over Its Own 401(k)

The class action alleged the retirement plan provider charged participants $40 million in "bloated and superfluous" fees.

By Matthew Heller | June 29, 2016

Passive Aggression

Retirement Plans

Passive Aggression

Why 401(k) plan sponsors' motivations for switching to passive investment vehicles could run afoul of ERISA.

By David McCann | June 22, 2016

Is Your Company’s Retirement Plan Fine, or About to Be Fined?

Retirement Plans

Is Your Company’s Retirement Plan Fine, or About to Be Fined?

CFOs aren't as concerned about fiduciary liability as they should be.

By Francesca Federico | March 8, 2016

Boeing Settles 401(k) Class Action for $57M

Retirement Plans

Boeing Settles 401(k) Class Action for $57M

Boeing denied the allegations but has made a number of changes to its plan, including replacing mutual funds with lower-cost investment options.

By Matthew Heller | November 5, 2015

High Court Sides With Workers in ERISA Case

Risk & Compliance

High Court Sides With Workers in ERISA Case

The Supreme Court makes it easier for pension plan participants to sue sponsors over imprudent investments.

By Matthew Heller | May 19, 2015

The 15-Minute 401(k) Plan Review

Risk & Compliance

The 15-Minute 401(k) Plan Review

If you're a plan fiduciary but not familiar with these issues and documents, it may be time to brush up on ERISA.

By Kurt Winiecki | May 8, 2014

Capping Hours to Avoid ACA Costs Could Violate ERISA

Capping Hours to Avoid ACA Costs Could Violate ERISA

It's a strategy a lot of employers are mulling over, but liability issues may arise if it's not done very carefully.

By Craig Martin and Nary Kim | March 24, 2014

When You Don’t Want Workers to Be a Class Act

When You Don’t Want Workers to Be a Class Act

Employee class-action lawsuits, expected just two years ago to become a minor worry, remain a threat and may flare up in 2014.

By David McCann | January 8, 2014

Obamacare Delay Poses Legal Risk to Employers

Obamacare Delay Poses Legal Risk to Employers

Low-paid workers who now will be eligible for generous federal subsidies to buy health insurance next year may have grounds to sue their employers in 2015.

By David McCann | July 9, 2013

Applied to Pensions, Risk Is a Four-Letter Word

Risk Management

Applied to Pensions, Risk Is a Four-Letter Word

While transferring pension-plan peril is appealing, there are some precautions companies should be aware of.

By Susan Mangiero and Nancy G. Ross | November 8, 2012

Now Is the Best Time for an ESOP

Now Is the Best Time for an ESOP

The higher capital-gains tax rate expected to take effect January 1 means that creating an employee stock ownership plan before year-end will produce significant savings.

By David McCann | October 19, 2012