Legal

New regulatory guidance simplifies and reduces sponsors costs when they fail to contribute the correct amount of deferrals through auto enroll or auto-escalation.

The idea is to save taxpayers even more time and money, including reducing the need for plan administrators to contact PBGC.

The culture at the SEC, according to an advocate of a tough fiduciary standard, regards conflicts of interest as unavoidable.

Fifteen of the 19 largest sponsors of traditional pension plans will not be required to contribute any significant amount to their plans in 2015.

Once the OMBs review is concluded, the DOL will hold a public comment period, have public hearings, and then reopen another comment period.

Plans to raise $3.3 billion in a POB sale for the beleaguered Kentucky Teachers Retirement System failed to pass through the states legislature this week.