DOL to Host Compliance Assistance Seminar in Dallas
The free event will increase awareness about the fiduciary responsibilities of operating a retirement plan.
Tag: Department of Labor (DOL)
Complexity of QPAM Proposal Could Be a Concern
Attorney calls the objectives of EBSA's proposed amendment 'sensible,' but said implications could be 'unexpected and worrying.'
Senators Press Fidelity on Bitcoin Exposure
In a letter, the Senators question why Fidelity would allow retirement plan participants to be exposed to the ‘untested, highly...
Qualified Professional Asset Manager Exemption Changes Proposed
The Department of Labor’s proposal will affect a prohibited transaction exemption that permits certain parties related to retirement plans to...
Are Retirement Plan Sponsors Still Required to File Form 8955-SSA?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Final Stressed Union Pension Assistance Rule Issued by PBGC
After months of operating on an interim basis, the Special Financial Assistance program for multiemployer pensions has been formally finalized...
Department of Labor Open to Crypto Rule for Retirement Plans
Secretary of Labor Marty Walsh also testified in Congress that President Joe Biden’s budget must be implemented to protect workers’...
PSNC 2022: Plan Sponsor Cybersecurity Responsibilities
Experts discussed what procedures plan sponsors can put in place and how to encourage participants to do their part in...
PSNC 2022: ESG Definitions and New Developments
What is environmental, social and governance investing? And exactly how new—or not—is it?
Retirement Plan Provider Sues DOL in 401(k) Cryptocurrency Row
A retirement plan provider that championed cryptocurrency for 401(k) plans has brought a lawsuit against the Department of Labor for...
Department of Labor Announces Final Form 5500 Changes
The changes to Form 5500 for defined contribution and defined benefit plans are modest.
Frequency of Receiving Provider Fee Disclosures
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
DOL Issues Warning About Crypto Assets in DC Plans
The lead regulator of employer-sponsored retirement plans says cryptocurrencies and other digital assets are subject to a variety of issues...
DOL Removes Credit Rating Requirements From the Evaluation of Certain Investments
The agency’s notice of amendments pertains to prohibited transaction exemptions related to non-convertible debt securities, commercial paper and securities lending...
DOL Announces Fiduciary Responsibilities Webcast Series
The three-part series will cover how ERISA applies to employer-sponsored retirement and health plans and offer information about avoiding common...
Understanding PRT: Administrative and Fiduciary Considerations
One important distinction to make when considering a pension risk transfer is the difference between fiduciary and settlor functions.
Opinions |
Key Considerations for the DOL’s Proposed Rule Regarding ESG
Lew Minsky, of DCIIA, offers four considerations for the Department of Labor’s rule about including environmental, social and governance factors...
DOL Seeks Public Comments on Protecting Savings From Climate Change
The agency is looking to identify actions it can take under ERISA and other relevant laws to safeguard employees’ savings...
DOL Announces Enforcement Actions for Abandoned Plan and Missed Contributions
The Department of Labor announced judgments against a pair of plan sponsors to restore employees’ retirement plan contributions after ERISA...
Plan Sponsors Expected to Bring Changes Benefiting Workers
A higher salary might not be as effective to attract recruits as providing generous benefits, such as larger employer matching...