United States: Actuarial Services

Cybersecurity breaches concerning workers' personal information and retirement savings have increased liability risks for benefit plans and third-party administrators under federal benefits laws.

FINRA proposed a rule amendment to restrict access to representative- and principal-level qualification scores.

Many scenarios create the need for a company to obtain an actuarial valuation.

Here’s a bit of trivia. In published court cases, the word "actuarial" appears most often in court decisions which deal with sexual predators.

When handling actuarial matters in the courts, a significant aspect of the task involves translation.

The U.S. District Court for the Northern District of Illinois recently dismissed breach of fiduciary duty claims leveled against an actuary in the case Chua v. Shippee.

From 1 October 2004 changes in the law have been introduced which impose controls on the way occupational pension schemes can operate in relation to disabled people.

Also discussed in this article: IRS Issues Final 401(k) Regulations; USERRA Health Continuation Coverage Period Extended for Military Service.

In an attempt to provide uniformity for various provisions of the Internal Revenue Code (the Code), the Working Families Tax Relief Act of 2004 (the Act) amended the definition of "dependent" for tax purposes. As is the case with many new laws, this amendment has unintended consequences that may create issues for sponsors of certain types of employee benefit plans. The new definition is effective for tax years beginning after December 31, 2004. Employers should take action now to evaluate the de