Compliance October 9, 2007
EBSA Unveils Fiduciary Education Web Site
October 9, 2007 (PLANSPONSOR.com) - The U.S.
Department of Labor's Employee Benefits Security
Administration (EBSA) on Tuesday took the wraps off a new Web
site designed to help employers better comply with federal
employee benefit laws under the Employee Retirement Income
Security Act (ERISA).
Reported by Fred Schneyer
An EBSA news release said the ERISA Fiduciary Advisor is designed to help employers and retirement plan service providers understand their responsibilities.
The site provides an ERISA overview, including the most common compliance mistakes EBSA finds in its investigations, and provides links to additional information as well as tools to assist plan officials, according to the release.
The site guides users through windows to navigate its tools and facts about retirement laws.
More information is at www.dol.gov/elaws/ERISAFiduciary.htm .
You Might Also Like:
DOL Answers Appeal in ESG Rule Litigation
The ESG rule was upheld in a Texas district court, but was appealed to the 5th Circuit in October 2023.
Advocates for DOL Fiduciary Proposal Say Existing Insurance Regulations Fall Short
The proposal would add a private right of action and tighter conflict of interest rules.
DOL Says Central States Must Repay $127M SFA Overpayment
Central States was granted $127 million that it was not entitled to because the PBGC counted over 3,000 deceased participants...