Tag: fiduciary duties

Regulation November 3, 2023

District Court Upholds PBGC Denial of Restored Pension Fund’s Grant Application

Local 550’s plan was terminated in 2016 and restored itself in 2022 before applying for a special financial assistance grant, which was denied.

Regulation September 7, 2023

The OMB is expected to receive in the coming days a DOL proposal that may face challenges to more than just its substance.

Asset Allocation May 27, 2021

The plaintiffs claim switching from State Street has cost participants $100 million in losses.

Market Moves April 19, 2021

District court judge concludes conflict of interest alone is not a breach of fiduciary duties.

August 4, 2020

University agrees to pay $5.8 million and not raise plan fees for three years.