Insights on ERISA Transactional

3 total results. Page 1 of 1.

Alerts
Biden Administration Issues Final Rule Expanding ERISA Fiduciary Definition, Enhancing Protections for Pension Plan Participants
Caroline Turner English, Alison Lima Andersen

On April 23, the US Department of Labor (DOL) released a final rule significantly expanding the definition of who qualifies as a fiduciary under the Employee Retirement Income Security Act (ERISA) (the Retirement Security Rule or Final Rule).

Alerts
Ninth Circuit Reverses Decision Requiring Reprocessing of 67,000 Behavioral Health Claims; Hands United Healthcare a Win 
Caroline Turner English, Alison Lima Andersen, Alexandra Coppola

The Ninth Circuit Court of Appeals recently reversed the Northern District of California’s landmark decision against UnitedHealth Group Inc.’s behavioral health unit, United Behavioral Health (“UBH”), under which UBH had been ordered to reprocess tens of thousands of behavioral health claims.

News
Partner William Charyk Comments on Analysis of How to Fulfill Fiduciary Responsibilities When Considering Lifetime Income Solutions for Retirement Plans
William R. Charyk

In July, the Institutional Retirement Income Council (IRIC) announced that the perceived “fiduciary concerns” for adding lifetime income solutions to qualified retirement plans may not be as challenging for sponsors as previously feared.