New DOL Guidance Addresses Responsibilities of Retirement Plan Sponsors

Be aware of this recent DOL guidance, both to make sure you're in sync with your fiduciary duty and to protect the interests of plan participants.

By C.J. Marwitz | April 21, 2021 at 05:32 PM

Fiduciary duties for retirement plan sponsors are sometimes confusing, and often tedious, but always crucial to pay attention to. A slip-up can result in consequences such as audits or, worse, lawsuits.

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C.J. Marwitz is a writer and editor.

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Another Pension Plan Risk-Transfer Lawsuit: Lumber Firm Sued over Its $1.5 Billion Transfer to Athene Annuity

By Lynn Cavanaugh | December 19, 2024

Employees of Seattle-based Weyerhaeuser Company filed a class-action lawsuit over the transfer of plan assets to Athene Annuity & Life Assurance, alleging a breach of fiduciary duty, according to law firm Schlichter Bogard.

Another Pension Plan Risk-Transfer Lawsuit: Lumber Firm Sued over Its $1.5 Billion Transfer to Athene Annuity

How to Hedge the Interest Rate Exposure in Cash Balance Plans

By John Southall and Andrew Carter and Sabrina Ren | November 21, 2024

Many companies mitigate the interest rate risk of their cash balance plans with floors using a binary approach. Here’s a better option.

How to Hedge the Interest Rate Exposure in Cash Balance Plans

The Inflation Reduction Act’s Implications for Employer-Sponsored Health Plans

By Christine Cooper and Jack Towarnicky | November 12, 2024

By being prepared and implementing strategic solutions, employers can mitigate some of the financial pressures that may arise from the IRA, ensuring that their employees and retirees are better protected from the ripple effects of this landmark legislation.

The Inflation Reduction Act’s Implications for Employer-Sponsored Health Plans

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