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Last week, yet another slew of private retirement plan managers became the target of class-action lawsuits. This time it was a bunch of universities: Yale University, NYU, MIT, and other schools have been sued for failing to properly oversee their employees’ retirement plans.
August 18
University of Georgia -
The insurer warned the government in a July letter that it would be financially forced to step back its participation in the individual insurance exchanges if the DOJ tried to block its $28 billion purchase of Humana. Guess what happened, writes Max Nisen.
August 18
Bloomberg Gadfly -
The number of plan sponsors concerned about fiduciary matters jumps 14%, a Fidelity Investments study shows.
August 17 -
Later this year, residents of Pinal County, Ariz., who go shopping for health insurance under the ACA will face a peculiar dilemma — they’ll have to buy a product that may not exist.
August 17 -
The number of plan sponsors concerned about fiduciary matters jumps 14%, Fidelity Investments study shows.
August 17 -
Do your programs comply with the Americans with Disabilities Act and the Genetic Information Nondiscrimination Act? Here’s everything you need to know.
August 16
Corporate Synergies -
Aetna will stop selling individual ACA plans next year in 11 of the 15 states where it had been participating in the program, joining other major insurers that have pulled out of the government-run markets in the face of mounting losses.
August 16 -
The DOL and IRS announced a proposal to implement significant changes to forms and regulations that govern annual employee benefit plan reporting.
August 15
McDermott Will & Emery -
Broker-friendly changes and ‘more open dialogue’ with CMS have led to multiple favorable changes for the community.
August 12 -
On Aug. 1, 2016, Massachusetts became the first state to bar employers from asking job applicants about their salary history before making a formal job offer that includes compensation.
August 11
Foley & Lardner




