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Retirement Plan › Employee Retirement Income Security Act (ERISA) › TIAA CREF

Goodwin

Second Circuit Vacates Certification of Nationwide Class in ERISA Lawsuit

Goodwin on

On December 1, 2022, the US Court of Appeals for the Second Circuit vacated a district court’s certification of a nationwide class of 8,000+ retirement plans serving hundreds of thousands of participants in an ERISA action...more

Jackson Lewis P.C.

Court Finds No ERISA Liability for Plan Provider Who Delivered Self-Interested Rollover Advice 

Jackson Lewis P.C. on

A New York federal court recently held that a service provider for employer-sponsored retirement plans was not liable as a fiduciary under the Employee Retirement Income Security Act (“ERISA”) when it used participant...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

TIAA gets in trouble over rollovers

Ary Rosenbaum - The Rosenbaum Law Firm P.C. on

The U.S. Securities and Exchange Commission (SEC) announced that TIAA-CREF Individual & Institutional Services LLC, (TC Services) that is a subsidiary of Teachers Insurance and Annuity Association of America (TIAA), will pay...more

Burns & Levinson LLP

Plan Fee Litigation: Protecting Fiduciaries

Burns & Levinson LLP on

Targeting Educational Institutions - Since August, 2016, sixteen institutions of higher education with large retirement plans have become targets of federal lawsuits for breach of fiduciary duty under ERISA. To date, the...more

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