Tag: ERISA

Regulation April 24, 2026

Bill Targeting Proxy Advisers Advances From House Committee

The legislation aims to curb required disclosures tied to political, social or environmental priorities unless they affect investment or voting decisions.

Regulation April 15, 2026

Federal Guidance: Proxy Advisers, Others May Be ERISA Fiduciaries

The Department of Labor clarified that proxy advisers “regularly fit the definition of functional fiduciaries” and that the actions of managers, sovereign funds and others could also make them advice fiduciaries. 

Regulation April 6, 2026

Weyerhaeuser PRT Complaint Tossed, Plaintiffs Granted Standing

The case can be amended and refiled in the same district court.

January 15, 2026

Securities Fraud, ERISA Class Action Settlements Surge in 2025

Tesla, Alphabet and Alibaba paid almost half the money in last year’s 10 largest settlements related to securities and ERISA. 

September 25, 2025

Pension Risk Transfer Lawsuit Against General Electric Dismissed

The company was accused of violating its fiduciary duty by picking Athene for a $1.7 billion PRT in 2020.

Pensions January 17, 2025

R.B. Pamplin Corp. to Restore $20.6M in Pension Assets, Unwind Illegal Real Estate Investments

The Department of Labor concluded that Pamplin had used assets from its pension plan to acquire the company’s own real estate, exceeding limits under ERISA.

Pensions December 20, 2024

PBGC Updates Rate Tables on Expected Retirement Age, Missing Participants Mortality Assumption

Effective date for the final rule is January 1, 2025.

Pensions September 10, 2024

US Defined Contribution Plans Need to Cover More Workers, Says TIAA

The study also suggested that workers should be required to join 401(k)s and other retirement programs.

Pensions March 20, 2024

2nd Suit Filed Against AT&T’s 2023 PRT Deal

Selection of insurer Athene is again the focus in litigation over the telecom company's $8.05 billion pension risk transfer.

Pensions March 14, 2024

AT&T Sued Over 2023 Pension Annuitization With Athene

Beneficiaries' suit claims telecom company 'turned its back on its retired workers' in risk transfer deal.

Regulation January 19, 2024

Suggestions Sought for Retirement Plan Reporting, Disclosure

With a report on improvements due in 2025, the IRS, PBGC and EBSA are accepting feedback during a 90-day comment period.

Regulation November 9, 2023

PBGC Updates Mortality Tables for 2024

The tables are used for calculating withdrawal liability and missing participant program transfer amounts.

Regulation September 1, 2023

Law Firm Letter Backs DOL Rule on ERISA Fiduciaries Using Climate Factors

Fiduciaries may use climate funds, as long as financial returns receive equal or greater weight to collateral benefits, the Wagner Law Group wrote in an open letter.

Regulation August 7, 2023

Insurance Executives Say ERISA PRT Rule Is Enough

Only minor changes to the DOL's PRT regulation, IB 95-1, would be needed to account for changing market conditions, industry leaders say.

Regulation July 19, 2023

Changes to Pension Risk Transfer Rules Might Be Coming

The ERISA Advisory Council met this week to discuss possible changes to IB 95-1, which outlines how fiduciaries should select an annuity provider.