Benefits & Executive Compensation News
View and Filter All Stories

Latest Stories

Northrop Grumman Wins $74 Million Pension Costs Dispute With DOD

Northrop Grumman Corp. demonstrated that the Defense Department owes it $74 million under federal contract cost accounting rules following adjustments the contractor made to its pension plan for senior management, the Armed Services Board of Contract appeals ruled.

Accounting Firm Must Defend New Suit Over Stock Plan Advice

Tennessee insurer Zander Group Holdings Inc. can go to trial in its lawsuit seeking to force accounting firm Katz, Sapper, & Miller to cover Zander’s $3.8 million settlement with the Labor Department in a dispute over Zander’s employee stock ownership plan, a federal judge ruled.

Trump Administration ‘Warp Speed’ Bid to Hurt ESG: Green Insight

Despite widespread objections from the money management industry, President Donald Trump, through the U.S. Department of Labor led by Eugene Scalia, is speeding ahead with a proposal to make it more difficult for fiduciaries of retirement plans to direct money to ESG-focused funds.

View More