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.
5 Hot Trends in Workforce Class Actions
Plaintiffs' lawyers filed more employment-related class action cases in 2018, although the value of the largest settlements fell dramatically.
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.
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.
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.
Why 401(k) plan sponsors' motivations for switching to passive investment vehicles could run afoul of ERISA.
Is Your Company’s Retirement Plan Fine, or About to Be Fined?
CFOs aren't as concerned about fiduciary liability as they should be.
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.
High Court Sides With Workers in ERISA Case
The Supreme Court makes it easier for pension plan participants to sue sponsors over imprudent investments.
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.
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.