Compliance | June 22nd, 2021 PSNC 2021: Fiduciary Mistakes to Avoid ERISA attorneys advised plan sponsors to shore up their cybersecurity efforts and continue regular benchmarking work.
Compliance | June 15th, 2021 The DOL Has Begun Retirement Plan Cybersecurity Audits Attorneys say the requests plan fiduciaries have received ask for a broad amount of information and documentation, and they urge...
Compliance | May 27th, 2021 Biden Asks DOL to Consider Rescinding Last ESG Rule The president appears to want to pave the way for more ESG investing in retirement plans.
Administration | May 21st, 2021 The DOL’s Cybersecurity Guidance in Practice Experts share insights about implementing the guidance and warn that plan sponsors can expect investigations from the agency now that...
Compliance | April 14th, 2021 DOL Releases Its First Cybersecurity Guidance The guidance includes best practices and tips for protecting retirement benefits.
Compliance | April 14th, 2021 DOL Issues Guidance for Investors, Plans on Investment Advice Exemption It sets forth questions an investor can ask potential advice providers and information to help them understand the purpose of...
Deals and People | March 23rd, 2021 Boston Mayor Marty Walsh Confirmed as Labor Secretary The Department of Labor (DOL) is expected to play a big role in the President Joe Biden’s effort to help...
Ask the Experts | March 23rd, 2021 Review of DOL Missing Participant Guidance Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Compliance | March 16th, 2021 GAO Calls on DOL to Issue Cybersecurity Guidance In a new report, the Government Accountability Office says DC plan fiduciaries need more guidance on cybersecurity.
Compliance | March 10th, 2021 DOL Holding Off on Enforcing ESG, Proxy Voting Rules Until the publication of further guidance, the department says it will not enforce either final rule or pursue enforcement actions...
Compliance | March 5th, 2021 EBSA Disaster Relief Notice Highlights Pandemic’s Lasting Impact This latest regulatory development is just another piece of evidence underscoring how extraordinary the last 12 months have been.
Compliance | February 8th, 2021 New Administration Backs Out of Lawsuit Against CalSavers A new filing with the 9th U.S. Circuit Court of Appeals says the DOL no longer wants to participate in...
Compliance | February 4th, 2021 Labor Secretary Nominee Walsh Shines in Confirmation Hearing During the confirmation hearing, Boston Mayor Marty Walsh was complimented as being fully qualified for the role of labor secretary...
Compliance | February 1st, 2021 Biden’s DOL Secretary Pick Walsh Faces Senate Scrutiny This Week Union leaders say Marty Walsh is a tremendous leader with the kind of empathy, vision and commitment to working families...
Compliance | January 27th, 2021 Sponsors Should Understand How to Use DOL Guidance on Missing Participants Industry experts point out that not all suggestions from the DOL work for every plan sponsor, and they share tips...
Compliance | January 13th, 2021 DOL Offers Guidance for Locating Missing Participants Guidance in three parts offers suggested processes for DC plans and DB plans and reveals errors DOL staff should look...
Deals and People | January 8th, 2021 Marty Walsh Will Be Nominated as Secretary of Labor Apart from potentially reversing course on fiduciary rule-related regulations, there are many other areas where sources suggest the next DOL...
Compliance | December 29th, 2020 2021 ERISA Plan Compliance Calendar A schedule to help plan sponsors track important due dates for their plan
Compliance | December 24th, 2020 Independent Fiduciary Appointed to Distribute $1.5M in Abandoned Plans The plans were abandoned after the plan provider owners took their own lives.
Investing | December 23rd, 2020 Biden Administration Expected to Weigh In on ESG Investments President-elect Joe Biden’s proposals on climate change and sustainability, indicate it is likely that the new administration will issue guidance...