Tag: DOL
Barry’s Pickings Online: A Parade of the Ridiculous
Fiduciary Rule Transition Period Extended by One Year
District Court Permits Most of Plaintiff’s Case in ERISA Challenge
Report Addresses Common BICE Questions
DOL Fiduciary Rule FAQ Further Clarifies Compliance Demands
In general, if a covered service provider will continue after the fiduciary rule to provide services only in a non-fiduciary...
Fiduciary Rule May Force Plan Advisers Away From Portfolio Management
“The DOL conflict of interest rule poses risk to a firm if [practice leaders] knowingly allow advisers to manage underperforming...
Provider Ordered to Return Millions to Health Plans
MagnaCare has been ordered to return at least 14.5 million to ERISA-covered health benefit plans.
DOL Says Ponzi Scheme Included Employee Benefit Plan
Short Window Opens for Fiduciary Rule RFI Responses
EBSA hopes the responses submitted to this RFI can “form the basis of new exemptions or changes/revisions to the rule...
DOL Brief Defends Fiduciary Rule Despite Ongoing Review
Long-term, DOL staff is concerned about maintaining the department’s broad litigation and enforcement capabilities in the retirement plan services marketplace.
Plan Sponsors, Advisers Must Move Forward on Fiduciary Rule Compliance
State-Plans for Private Sector Likely to Charge Ahead
Senate Joins House In Opposing State-Plans for Private Sector
Many providers have supported the moves by the House and Senate to effectively slow the creation of state- and city-run...
Labor Secretary Confirmation Could Bring Fiduciary Clarity
Andrew Acosta’s appointment as Secretary of Labor was more or less a non-event from the perspective of the wider media...
Sponsors May Soon See New Share Class Recommendations
They key development around “T shares” is that they feature uniform commissions, while “C shares” move compensation away from the...
Lawsuits May Help Define How ERISA Polices Fees and Prudence
Many of the recent legal challenges may appear similar on their face, but the underlying allegations can vary significantly in...
Court Victories Add to Confusion Over Fate of Fiduciary Rule
Though courts are supporting the DOL, actions from the Trump administration may mean those victories do not matter.