Search for: "The Retirement and Investment Council"
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31 Oct 2016, 6:57 am
The total unfunded liability is now at least $4 billion—and the plans do not have enough money to pay for nearly half of the retirement benefits workers have already earned. [read post]
19 Oct 2016, 1:04 pm
The new penalties under the Employee Retirement Income Security Act of 1974 (ERISA) shown below took effect August 16, 2016 and apply to a penalty assessed after August 1, 2016 that relates to a violation that occurred after November 2, 2015. [read post]
12 Oct 2016, 12:28 pm
Security Council members in cases related to war crimes, comments Reuters. [read post]
8 Sep 2016, 7:40 am
Duke has admitted illegally pumping out large volumes of water containing ash from a landfill at Cape Fear, a retired power plant in North Carolina. [read post]
29 Aug 2016, 4:00 am
Department of Labor (DOL) issued a new rule – generally referred to as the fiduciary rule*– which seeks to protect workers’ saving and investments for retirement by mandating that their financial advisers act in a fiduciary capacity when providing financial advice for retirement purposes. [read post]
5 Aug 2016, 3:31 am
The Family Justice Council also recommends that you seek advice from an Independent Financial Adviser. [read post]
1 Aug 2016, 9:42 pm
Scott Brain, et al of an employee benefit plan trustee, and an individual lawyer and her law firm that served as the employee benefit plan’s outside legal counsel of violating the fiduciary responsibility and whistleblower rules of the Employee Retirement Income Security Act of 1974 (ERISA) illustrates why employee benefit plan sponsors, trustees or other fiduciaries, their management, legal counsel, auditors and other service providers must both prudently investigate… [read post]
14 Jul 2016, 10:17 pm
Apparently the US dollar is the best currency for buying a house now, so all we have to do is entice a monied up yank to see the potential of a two up two down on a South East London ex-council estate blighted by drugs and burglary as a prime investment opportunity and certainly an attractive alternative to getting shot by your police if you are of a different hue. [read post]
9 Jul 2016, 8:30 am
Executive Director of Baychester Youth Council indicted for allegedly stealing more than $100,000 from federal grant moniesN.B. [read post]
4 Jul 2016, 1:45 am
On Tuesday 5 July, it will hear the appeal in MB v Secretary of State for Work and Pensions, considering whether the appellant, who is a post-operative male-to-female transsexual is entitled to a state retirement pension from the age of 60 as a result of Council Directive 79/7. [read post]
1 Jul 2016, 1:49 pm
Board Certified in Labor & Employment Law by the Texas Board of Legal Specialization, a Fellow in the American College of Employee Benefit Counsel, past Chair and current committee Co-Chair of the American Bar Association (ABA) RPTE Section Employee Benefits Group, Vice Chair of the ABA Tort & Insurance Practice Section Employee Benefits Committee, former Chair of the ABA Health Law Section Managed Care & Insurance Interest Group, a former ABA Joint Committee on Employee Benefits… [read post]
1 Jul 2016, 12:23 pm
Employers, employee benefit plan fiduciaries and others caught violating Federal employment, employee benefit, and a wide range of other laws and regulations ranging from the Fair Labor Standards Act (FLSA) to the Employee Retirement Income Security Act (ERISA), and many other Federal Labor and employment laws should brace for increased civil penalties and other changes in the calculation of these penalties under interium rules just released by the DOL. [read post]
23 Jun 2016, 10:21 am
Board Certified in Labor & Employment Law by the Texas Board of Legal Specialization, a Fellow in the American College of Employee Benefit Counsel, past Chair and current committee Co-Chair of the American Bar Association (ABA) RPTE Section Employee Benefits Group, Vice Chair of the ABA Tort & Insurance Practice Section Employee Benefits Committee, former Chair of the ABA Health Law Section Managed Care & Insurance Interest Group, a former ABA Joint Committee on Employee Benefits… [read post]
20 Jun 2016, 5:23 am
However the Act extends only to credit institutions (most banks) and financial services institutions (investment brokerage/advice, financial portfolio management etc.) and in particular does not extend to insurance companies. [read post]
3 Jun 2016, 6:53 am
Previous councils have been resistant, but Flynn says his sense is the current council is more likely to support most of the changes under discussion. [read post]
31 May 2016, 4:05 pm
In Gobeille, the Supreme Court ruled that the preemption provisions of Section 514 of the Employee Retirement Income Security Act (ERISA) bar Vermont from requiring self-insured ERISA Plans In addition to excusing self-insured Plans from the trouble and expense of complying with Vermont’s disclosure law, the Supreme Court’s ruling in Gobeille that Vermont cannot enforce the law against self-insured ERISA Plans raises a concern that the Privacy Rules of HIPAA may prohibit Plans… [read post]
23 May 2016, 7:00 am
Specifically, the White House Council of Economic Advisers has determined that conflicts of interest lead, on average, to 1 percentage point lower annual returns on retirement savings or a total of $17 billion of losses every year for America’s families. [read post]
21 May 2016, 4:46 am
Drubner went on to discover that most insurance companies used the Death Master File only when it was to their advantage: to cut off annuity or retirement payments once the policyholder died. [read post]
6 May 2016, 11:45 am
She is particularly recognized for her leading edge work, thought leadership and knowledgeable advice and representation on the design, documentation, administration, regulation and defense of a diverse range of self-insured and insured health and welfare benefit plans including private exchange and other health benefit choices, health care reimbursement and other “defined contribution” limited benefit, 24-hour and other occupational and non-occupational injury and accident, ex-patriate… [read post]
28 Apr 2016, 1:44 pm
Conflicted investment advice should not be one of the barriers millions of Americans face as they work to save for their retirement”. [read post]
