Legal

Top executives of a bankrupt coal producer and the nation's biggest miner's union are trading public jabs over bargaining meant to stave off a strike against a company given a court's go-ahead to slash health care and pensionbenefits to thousands of workers and retirees.

Defined contribution plan fees are starting to drop, thanks to fee disclosure regulations put in place last year.

Advisors, TPAs and plan sponsors agree: For participants, it was a nonevent when the DOL required fee disclosure to participants.

The SEC has accused a Detroit-based investment advisor of stealing nearly $3.1 million from the city's police and firefighter's pension plan.

The federal goverment is attempting to recover $4.9 million for defined benefit plan participants of an Iowa iron casting foundry and a Michigan manufacturer.

The SPARK Institute has asked the U.S. Department of Labor for an extension of the deadline when retirement plan sponsors are required to provide participant fee and investment disclosure materials to participants.