PHL Variable Insurance Co. Liquidation Raises Regulatory Concerns
PHL Variable Insurance Co. faces liquidation amid allegations against Nassau Financial Group. Discover the implications for policyholders and the insurance industry.
Contrasting Court Rulings on Pension Risk Transfer Legal Standing
Explore the implications of recent court rulings on legal standing in pension risk transfers, affecting fiduciary responsibilities and regulatory compliance.
Understanding Pension Risk Transfers: Legal Challenges and Compliance
Explore legal actions in pension risk transfers, highlighting ERISA compliance, fiduciary responsibilities, and implications for plan sponsors navigating litigation.
Litigation Against Employers and Benefits Consultants for Excessive Premiums
Explore the lawsuits against major employers for fiduciary breaches in voluntary benefits, highlighting insurance premium issues and regulatory compliance challenges.
ERISA Lawsuit Alleges Major Insurers Wrongfully Denied Disability Benefits
A major ERISA lawsuit alleges wrongful denial of disability benefits by top insurers, raising compliance and fiduciary duty issues under federal law.
Federal Judge Allows Lawsuit Against Bank of America Over 401(k) Vesting Practice
Federal judge permits lawsuit alleging Bank of America's 401(k) forfeiture policy breaches federal vesting laws, spotlighting retirement plan compliance.
DOL Proposes Rescinding Regulatory Safe Harbor for Retirement Annuities
The Department of Labor proposes rescinding a regulatory safe harbor for annuity selection in retirement plans, raising fiduciary concerns and market impact ahead of SECURE 2.0 implementation.
Advisor Jeffrey Cutter Appeals SEC Case Ruling on Insurance Commission Disclosures
Jeffrey Cutter appeals SEC ruling on insurance commission disclosure, challenging regulatory requirements under the Investment Advisers Act and McCarran-Ferguson Act limitations.
Massachusetts Jury Finds Mixed Violations in Annuity Sales Case Against Advisor
Massachusetts jury delivers mixed verdict in SEC case against Jeffrey Cutter for annuity sales violations under the Investment Advisers Act. Highlights fiduciary duty and disclosure compliance issues.