Surety Matters

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Displaying 146 results for: ERISA Fidelity Bond
Cyber 06.25.2020

Why SMEs are Expanding Cyber Insurance Budgets

During this time of uncertainty, industries are particularly vulnerable to cyber breaches. Last year alone, ransomware targets forfeited over $1.3 billion to hackers, including high-profile victims like hospitals, airlines and retailers. However, small businesses are…
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Why SMEs are Expanding Cyber Insurance Budgets
ERISA 06.25.2020

IRS Grants RMDs Rollover Relief

Novel guidance has been published by the Internal Revenue Service, who extended the rollback period for minimum distributions already taken this year. The guidance encompasses a series of FAQs and offers plans with sample amendments…
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IRS Grants RMDs Rollover Relief
ERISA 06.24.2020

DOL Proposal Fortifies Fiduciary Role in ESG Investing

According to a new proposed rule from the Labor Department, ERISA plan fiduciaries are not allowed to invest in ESG vehicles that take on more risk and sacrifice investment returns. The rule, published Tuesday night,…
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DOL Proposal Fortifies Fiduciary Role in ESG Investing
ERISA 06.18.2020

SCOTUS Rules Pensioners in Fully-Funded Plans Cannot Sue

On Monday, in a 5-4 decision, the Supreme Court of the United States ruled that plan participants of defined benefit plans not underfunded do not have legal standing to sue plan fiduciaries for claims of…
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SCOTUS Rules Pensioners in Fully-Funded Plans Cannot Sue
Cyber 06.18.2020

Amazon Fights off Largest Ever DDoS Attack

Amazon announced its cloud-services provider, Amazon Web Services, recently fended off the greatest DDoS cyber-attack in history. Amazon web services, which offers the very infrastructure hundreds of companies rely on, defended itself against a Distributed…
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Amazon Fights off Largest Ever DDoS Attack
ERISA 06.17.2020

DOL Releases RFI on PTEs Involving Pooled Employer Plans

The Department of Labor just published its Request for Information (RFI) on PEPs, or Prohibited Transactions involving Pooled Employer Plans (PEPs) under the SECURE Act as well as other multiple employer plans. Per a press…
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DOL Releases RFI on PTEs Involving Pooled Employer Plans
ERISA 06.17.2020

Update on EBSA Probing ESG Holdings

The New York Regional Office of the Employee Benefit Security Administration is requesting a laundry list of information from plans with ESG funds regarding the review and selection process for said options. The office is…
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Update on EBSA Probing ESG Holdings
ERISA 06.17.2020

Excessive Fee Lawsuit Targets RK Fees

In the U.S. District Court for the Southern District of Ohio, a lawsuit was filed by plaintiff-participants Gregory Stark, William Gaff and Michael Lewin as representatives on behalf of participants in the $2.9 billion Keycorp…
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Excessive Fee Lawsuit Targets RK Fees
ERISA 06.15.2020

Novel SBA Guidance Simplifies Key PPP Provision

Partnering with the Treasury Department, The U.S. Small Business Administration launched novel guidance offering vital clarifications for individuals taking advantage of the Paycheck Protection Program. Published on June 12, the Interim Final Rule edits the…
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Novel SBA Guidance Simplifies Key PPP Provision