Tag: Department of Labor (DOL)

The interests of financial professionals and firms ‘often conflict with the interests of retirement investors,’ according to the watchdog’s report.

The Department of Labor will move digital content to USA.gov in September to streamline information about federal benefits, including Social...

Meanwhile, the House Appropriations Committee recently proposed a budget that contained sharp cuts to the Employee Benefits Security Administration’s funding. 

Decision in the American Council of Life Insurers’ case adds a stay on prohibited transaction rule.

The Texas court will re-hear the challenge to the 2022 Department of Labor rule on 401(k) plan investing, now without...

Nine insurance industry organizations and representatives have responded to the DOL’s rebuttal of the groups’ litigation against the rule as...

The IRS has provided guidance on certain exceptions from the 10% tax penalty for emergency personal or family expenses and...

A federal judge ruled the suit’s ‘theory of liability’ was too broad and dismissed the complaint, which focused on the...

A holding company has agreed to settle a lawsuit that alleged fiduciaries of its ESOP plan enriched themselves and shortchanged...

It could mean more lawsuits and overturned rules related to retirement plans.

FSI and SIFMA are also asking for the Retirement Security Rule to be vacated.

For employers, mailing COBRA notices by first-class mail to a former employee’s last known address is acceptable, Illinois federal court...

Most appeals courts have so far agreed with them.

Hear about the experiences of plan sponsors that have been through IRS and DOL audits.

A lawsuit against the Pennsylvania-based company has alleged the plan’s recordkeeper fees were higher –than average and that the plan...

Retirement plan participants alleged fiduciary breaches occurred within the Houston-based health care system’s 401(k) and 403(b) plans.  

The Department of Labor remains focused on creating a missing participants database, as well as providing guidance on cybersecurity and...

The Department of Labor’s Assistant Secretary Gomez offers tools and information for assisting with the transition to retirement from work...

Retirement plan and benefit disclosures should only be given to participants if they contain actionable information, industry groups say.

The 9 organizations tell a Texas federal court that the new fiduciary rule “exceeds the DOL’s authority under federal law”...