Tag: Department of Labor (DOL)

Private market investments often include no agreed-upon yardstick for benchmarking performance or determining whether fiduciaries made the right comparison.

The proposed rule does not give fiduciaries a ‘stamp of approval’ to innovate, one expert says.

A party-line vote sent the acting labor secretary’s name to the full Senate, where confirmation for the permanent position awaits.

The Department of Labor urged the court to reject fiduciary breach claims, arguing the plaintiffs’ theory threatens employer flexibility and...

With not enough senators at the hearing, the vote on confirmation of Acting Secretary of Labor Keith Sonderling to the...

Inspector general tells House panel that weak controls over information-sharing agreements risked public trust and exposed confidential data.

Business groups, insurers and states joined the Department of Labor in warning that litigation threatens the pension risk transfer system.

The acting secretary of labor testified during his confirmation hearing that Americans ‘deserve a Labor Department that is effective, accountable...

The Office of the Inspector General called for stronger oversight and controls for sharing confidential information.

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

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

New Department of Labor guidance aims to clarify legal treatment of workplace contributions ahead of the July 4 launch of...

Private market investments at least warrant a look, according to speakers at the 2026 PLANSPONSOR National Conference.

Supporters say the proposal would reduce litigation fears and expand retirement investment options, while critics warn it will weaken longstanding...

The department sided with employers in oral arguments before multiple circuit courts of appeal, urging judges to uphold lower-court decisions...

Speakers addressed what plan fiduciaries should consider as the rulemaking process continues and when to anticipate a final rule.

The acting secretary of labor defended the administration’s fiscal 2027 budget as offering a more efficient approach to job training,...

The temporary policy gives retirement plan administrators more flexibility as federal regulators finalize guidance.

The Department of Labor asked for 5 minutes, as it did in a previous case, to argue on behalf of...

The department made the determination in its first advisory opinion of the year, issued by the Employee Benefits Security Administration,...