ERISA In The News
	Aircraft Mechanics Fraternal Association Asks DOL and PBGC to Conduct Forensic Audit of United Airlines Pension Plan 06/20/05 ERISA Does Not Preempt State Law Claim Against First Allmerica Life Insurance Company and Its Agent for Misrepresentations in connection with the Establishment of Pension Plan 06/16/05 Court Rules that Individual Employees of Investment Consulting Firm May Be Liable for Advice Given to Pension Plans 06/15/05 GAO Says that DOL Has Made Improvements to Pension Enforcement Program but that Significant Challenges Remain 06/09/05 The Pension Benefit Guaranty Corporation and Long-Term Budgetary Challenges 06/09/05 DOL and SEC Issue Guidance Addressing Potential Conflicts of Interest of Pension Consultants 06/01/05 Future of the Defined Benefit System and the Pension Benefit Guaranty Corporation 06/05 Government Actions Could Improve the Timeliness and Content of Form 5500 Pension Information 06/05 SEC Staff Study of Pension Consultants Indicates that Business Alliances among Pension Consultants and Money Managers Can Give Rise to Serious Disclosure and Conflicts of Interest Issues that Have not been Addressed 05/16/05 Bank IRA Trustee Making Investment Recommendations Between the Bank’s Mutual Funds and Third Party Mutual Funds Engages in Prohibited Transaction if the Bank’s Mutual Fund Fees Do Not Reduce the Bank’s Trustee and Investment Advice Fee 05/11/05 DOL Rules that Plan Fiduciaries May Not Increase Expenses, Sacrifice Investment Returns, or Reduce the Security of Plan Benefits to Promote Collateral Public Policy Goals 05/03/05 Recent Experiences of Large Defined Benefit Plans Illustrate Weaknesses in Funding Rules 05/05 DOL Response to Allegations that Some in Insurance Industry Have Developed a Pattern and Practice of Underreporting Commission and Fee Payments to Brokers and Agents 02/24/05 Plan Fiduciary Must Disclose Material Information Regarding Potential Service Providers Even If Fidcuciary is Not Participating in Decision-making About that Service Provider in order to Avoid Conflict of Interest 02/23/05 Airline Plans’ Underfunding Illustrates Broader Problems with the Defined Benefit Pension System 10/07/04 DOL Issues Tips for Selecting and Monitoring Plan Service Providers 05/04