Category: Legal

North Pier Fiduciary PIERspective (October 19, 2011)

North Pier Fiduciary PIERspective – Brant Griffin (October 19th, 2011) DOL Withdraws Regulations to Change Fiduciary Rule The DOL has withdrawn a…

Supreme Court Rules on Misleading ERISA Plan Communications

In CIGNA Corporation v. Amara, an ERISA case affecting participant communications, the US Supreme Court ruled that a plan sponsor will not…

Appellate Court Approves Class Status for Defined Contribution Participants

A Federal appellate court ruled that it may be appropriate for a class of defined contribution plan participants to file a suit…

Proposal Would Dramatically Change the Definition of Fiduciary

Due to the inadequacy of the prevailing ERISA definition of fiduciary, the DOL has recently issued a proposed regulation that would expand…

Legal Brief – Plan Investment Fee Cases Gaining Some Ground

401(k) participants of Southern California Edison (SCE) won a key legal victory against their employer when Judge Stephen V. Wilson of the…