Compliance

Investment menu rulemaking and outstanding SECURE Act and SECURE 2.0 guidance dominated the regulators’ newly posted lists.

Less than one year after being authorized, and after multiple rounds of guidance, the accounts for children are active.

The proposed regulation, which would bar fiduciaries from weighing climate and social factors, has not yet been published for public comment.

SIFMA urged the SEC to take direct control of and fully fund the CAT, while the ASA sought protection for investors’ personally identifiable information.

The new version offers plan sponsors recommendations based on the DOL’s growing focus on documentation, process and oversight.

A State Street exchange-traded fund based on the S&P 500 will serve as the default, with other index funds to become accessible down the road.

Republicans touted direct contracting as a way to lower employer healthcare costs, while Democrats warned that Medicaid and ACA reductions threaten workers.

The complaint, filed in Virginia, claims fiduciaries kept an underperforming Nuveen fund in the company’s 401(k) plan despite persistent lagging returns and higher fees.

The Department of Education’s tweak came in response to a district judge’s preliminary injunction staying its definition of ‘professional degree.’

The former assistant secretary has served in the lead role since April after Lori Chavez-DeRemer resigned.

A plan, included in its emergency spending request, revives a long-running fight to restore benefits cut after GM’s 2009 bankruptcy.

Witnesses debated whether the children’s investment accounts should remain limited to passive funds.

The ruling adds to the ongoing fight over how forfeited funds should be used.

The temporary incentive comes as borrowers navigate changes to the federal student loan system.

The long-proposed measure will be under review for up to 90 days before a public comment period.

According to the trade groups, the legislation should anchor a Senate package aimed at both strengthening capital formation and protecting investors.

The trade group argues that new state restrictions interfere with employer-sponsored health plans, as scrutiny of pharmacy benefit managers intensifies.

New Department of Labor guidance aims to clarify legal treatment of workplace contributions ahead of the July 4 launch of the children’s savings accounts.

The guidance also clarified that certain annuity buyouts do not trigger a reportable event.

The National Association of Christian Lawmakers joined the growing campaign to allow lower-cost investment vehicles in nonprofit retirement plans.