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 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 | 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 | 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.
Compliance | December 2nd, 2020 DOL Reveals Changes to 2020 Form 5500 Modifications include updates in response to the SECURE Act.
Opinions | December 2nd, 2020 Barry’s Pickings: Round and Round We Go Michael Barry, president of O3 Plan Advisory Services LLC, discusses the political back and forth that occurs when administrations change,...
Compliance | November 12th, 2020 DOL Announces Final Rule on PEP Registration The rule is in line with DOL’s proposed rulemaking that it announced in August and streamlines the electronic process by...
Compliance | October 30th, 2020 DOL Issues Final Rule With Softer Stance on ESG The final version of the regulation emphasizes the importance of using only ‘pecuniary’ factors in the assessment of investment options...
Compliance | October 29th, 2020 DOL ERISA Enforcement Results Increase From Previous Year The agency’s enforcement report describes some ways enforcement actions are initiated.
Ask the Experts | October 27th, 2020 Delay of Initial e-Disclosure Notice Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
Compliance | October 22nd, 2020 The DOL’s ESG Proposal and DB Plans Defined benefit plan fiduciaries can expand on their evaluations of ESG investments to show they are financially beneficial and not...
Investing | October 21st, 2020 Revisiting the DOL’s 2013 TDF Tips Even as target-date funds evolve, the Department of Labor’s guidance for selecting and monitoring the funds is still relevant.
Compliance | October 15th, 2020 Will DOL Independent Contractor Proposal Result in More Workers With Benefits? The proposal is intended to offer processes to clearly determine a worker’s status.
Compliance | September 28th, 2020 PSNC 2020: Retirement Plan Cybersecurity In light of a lack of guidance from the DOL on how sponsors should protect their plans from cyberattacks, speakers...
Compliance | September 23rd, 2020 PSNC 2020: Legislative and Regulatory Update Part II Experts explained regulations and legislation from Washington, D.C., as well as what employers can do if they ever face ERISA...