Legal

Stakeholders told the Government Accountability that guidance on formal drawdown strategies and in-plan annuities has so far failed to reassure sponsors they won't be liable.

A court has said that pension benefit cuts are permissible.

The recent dismissal of a lawsuit against fiduciaries of Chevron Corp.s 401(k) plan raises the question of whether the decision will be a forerunner for the barrage of similar litigation pending across the country.

The judge hearing the consolidated lawsuit against the DOL's fiduciary rule will consider two briefs supporting the rule -- from the Financial Planning Coalition and the American Association for Justice.

A case against the fiduciaries of Chevron's 401(k) plan was dismissed. Is this a harbinger of more 401(k) lawsuits?

The judge in the U.S. Department of Labor fiduciary rule case will likely deny NAFA's request for an injunction against the rule. But one annuities expert says it's not the end of the world.