Compliance | September 11th, 2023 New Fiduciary Proposal Could Alter Participant-to-Adviser Relationships The DOL sent a new fiduciary rule for an interagency review before its publication in the Federal Register.
Compliance | September 7th, 2023 Republicans Challenge Acting Secretary of Labor’s Authority Amid Rumors of New Fiduciary Rule Industry watchers expect the Department of Labor to submit a proposed new rule this month.
Compliance | September 1st, 2023 Congressional Republicans Oppose DOL Proposal of New Fiduciary Rule A notice of rulemaking has not been issued yet, but Republican leaders are already discouraging the Department of Labor from...
Compliance | August 31st, 2023 Wagner Law Group: Climate Funds, ERISA May Co-Exist, With Prudence A fiduciary can use climate funds, as long as they ‘equally serve’ the financial interests of participants.
Compliance | August 11th, 2023 DOL Opens Public Comment on SECURE 2.0 Provisions EBSA will take feedback for 60 days on defined contribution reporting requirements, PEPs and emergency savings accounts.
Compliance | August 9th, 2023 EBSA Announces Additional Fiduciary Compliance Seminars The upcoming seminars will be held in Fort Wayne, Indiana, and Omaha, Nebraska.
Compliance | August 7th, 2023 Annuity Provider Representatives Push Back Against PRT Criticisms Leaders in the PRT world argue that many criticisms of insurers are misguided and that the DOL’s IB 95-1 has...
Compliance | July 26th, 2023 Upcoming EBSA Webcast Will Focus on Helping Women Save for Retirement The August 16 webinar will focus on challenges and circumstances women face when preparing for retirement, as well as how...
Compliance | July 19th, 2023 DOL Considers Changing Standards for Annuity Provider Selection Interpretative Bulletin 95-1 could be in for an overhaul this year or next.
Compliance | July 18th, 2023 Ownership Structure, Investment Strategies of Annuities Concern Sponsors, ERISA Council Says The ERISA Advisory Council discussed emerging trends in the annuities market, as well as concerns expressed by sponsors and other...
Compliance | July 12th, 2023 EBSA Compliance Seminar Set for August The seminar will take place in Buffalo, New York, and aims to educate plan sponsors about basic fiduciary responsibilities.
Compliance | July 10th, 2023 FAQ Clarifies Status of In-Network Providers, Facility Fees The FAQ also strengthens the health care cost protections of the No Surprises Act.
Compliance | June 26th, 2023 EBSA to Host Health Benefits Seminar in Las Vegas Small and midsize employers have an opportunity to learn more about complying with federal and state health care laws next...
Compliance | June 15th, 2023 EBSA Says It Will Propose Fiduciary Rule in August The regulatory agenda contained several other items, such as the 401(k) lost and found, emergency savings sidecars and pooled employer...
Compliance | June 9th, 2023 DOL to Host Compliance Seminar for Small Businesses in Buffalo The EBSA seminar will focus on increasing awareness and understanding of basic fiduciary responsibilities when operating a small or medium-sized...
Compliance | May 15th, 2023 DOL Proposes Extending UBS, Credit Suisse QPAM Exemptions The two Swiss financial firms are relying on exemptions granted by the DOL to keep managing retirement plan assets, when...
Compliance | May 11th, 2023 EBSA’s Gomez Offers Glimpse of DOL’s Thinking on ESG Rule; SECURE 2.0 Also, with the end of COVID-19 as an official public health emergency, the assistant secretary of labor wants to make...
Benefits | March 24th, 2023 EBSA’s Gomez Highlights Retirement Pioneer During Women’s History Month Lisa Gomez, the head of EBSA, honored Cindy Hounsell’s achievements in increasing women’s financial education and retirement security.
Compliance | March 22nd, 2023 DOL Reopens Comment Period for QPAM Exemption Change A third comment period will remain open until April 6.
Compliance | March 10th, 2023 DOL Urged to Pursue Equal Opportunity Cases in Biden Budget Proposal The White House’s proposed fiscal 2024 budget would also increase budgets for the Social Security Administration and the IRS.