This unusual development could potentially discourage copycat suits raising similar allegations.

A district court dismissed a lawsuit alleging that a retirement plan fiduciary’s selection of a specific annuity provider, for purposes of conducting a pension risk transfer, violated ERISA.

In detailed comments to the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) on September 29, the American Benefits Council outlined for regulators how best to encourage the adoption and success of pooled employer plans.

The American Benefits Council hosted a one-hour webinar on October 1, 2025, to provide perspectives from the U.S. and Europe on benefits policy.

The Council hosted a one-hour webinar, featuring guest speakers from the U.S. Treasury Department and Internal Revenue Service, on September 29 to review final regulations implementing SECURE 2.0’s Roth catch-up contribution requirements.. 

In this episode, Council President Katy Johnson describes how several recent developments have put a spotlight on 340B reform.

Momentum continues to build for reform of the 340B prescription drug discount program, one of the American Benefits Council’s health policy priorities.

In Becerra v. Bank of America, the plaintiffs allege that ERISA requires forfeitures to be used to pay expenses or to improve benefits of plan participants. 

In a recent advisory opinion, the DOL confirmed that managed accounts with lifetime income guarantees can qualify as QDIAs even when offered through a variable annuity contract.

Council applauds introduction of 340B ACCESS Act as CBO report underscores need for reform 

From September 2-19, 2025, the Council surveyed employer plan sponsors on the impact of widespread retirement plan litigation.

The U.S. Senate approved the appointment of Daniel Aronowitz to the position of Assistant Secretary of Labor for EBSA, the key agency at the DOL, responsible for oversight of ERISA health and retirement plans.