Deals and People
October 13th, 2017
The future head of EBSA would play a substantial role in the fate of the fiduciary rule.
August 17th, 2017
The Annual Funding Notice requirements implemented by the Pension Protection Act have been somewhat helpful but could be significantly improved, according to the American Academy of Actuaries.
August 3rd, 2017
On the IRS’ list are rules and guidance for which it still plans to issue a Notice of Proposed Rulemaking (NPRM).
July 25th, 2017
At various times between 2006 and 2009, according to EBSA findings, the plan was 100% invested in stock warrants.
July 20th, 2017
The business owner tried to blame other employees until she met with a DOL investigator.
July 13th, 2017
EBSA says investors’ dollars, including ERISA-covered assets, were diverted to pay for home renovations, personal credit card payments and mortgage payments.
July 11th, 2017
“I have received conflicting information as to whether Form 8955-SSA is required to be filed electronically. Can the Experts clarify?”
June 29th, 2017
In addition, Acosta said the DOL’s budget proposal funds an effort to improve ERISA disclosures to retirement plan participants.
June 28th, 2017
The agency says resolutions passed by the president invalidate its earlier final rules.
June 21st, 2017
The plan sponsor was criminally prosecuted and pled guilty to embezzlement in June 2016; she was ordered by EBSA to make restitution to restore losses to the plan.
June 12th, 2017
The Department of Labor is still looking for ways to streamline and improve its new fiduciary rule, even though most provisions are now in effect.
June 9th, 2017
What errors do plan sponsors make most often, and what programs are available to fix them?
May 31st, 2017
The DOL notes that complying with all fiduciary responsibilities can be especially challenging for small and medium-sized employers who have limited time, resources and access to professional help with benefit programs.
May 11th, 2017
The seminar will take a focus on fiduciary oversight, as well as protecting workers’ benefits.
May 9th, 2017
The DOL stated its investigation relates to certain private equity investments, plan expenses, securities lending, and distributions of plan benefits.
April 28th, 2017
Andrew Acosta’s appointment as Secretary of Labor was more or less a non-event from the perspective of the wider media and the general political conversation—but it is an important development for the retirement plan industry.
April 26th, 2017
The agency says gaining additional insight into Americans’ decisionmaking processes and experiences will “provide policymakers and the research community with valuable information that can be used to guide future policy and research.”
April 24th, 2017
Department of Labor investigators secured a judgement restoring more than $40,000 to plan participants working for a Michigan tire manufacturer.
March 17th, 2017
The seminar aims at increasing awareness and understanding fiduciary duties when operating a retirement plan.
March 7th, 2017
The resolution states Congress disapproves the rule submitted by the Obama-era DOL related to savings arrangements established by qualified state political subdivisions for non-governmental employees.