A bipartisan bill introduced in December 2025 would amend ERISA to treat pharmacy benefit managers (PBMs) as fiduciaries when ...

If there’s one thing retirement plan sponsors learn quickly, it’s that “settled law” in ERISA litigation is often as stable as quick-sand. The ...

Fidelity and Schwab's restrictions on third-party advisor access create liability questions for retirement plans. An ERISA ...

The Department of Labor has been filing amicus briefs more frequently in retirement plan litigation. Let’s break down what an amicus brief actually is, what the DOL has been doing, and why this ...

America’s private retirement system is one of the great successes of a market-based economy. Employer-sponsored retirement ...

With a deadline ticking, the Department of Labor has submitted for review a proposed rule that would clarify its position on alternative assets and the appropriate fiduciary process.

The U.S. Supreme Court’s recent unanimous decision in Cunningham v. Cornell University has altered the litigation landscape for benefit plan fiduciaries and their insurers. Understanding those changes ...

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401-K funds are subject to ERISA laws, but choosing from an employer’s menu of investment choices under fiduciary management is at the participant’s discretion. Money Market Funds, such as Fidelity ...