DOL’s Ali Khawar Stepping Down Ahead of Trump Inauguration
The career Department of Labor official, appointed to his most recent post in the Biden administration, will not be there...
Tag: Department of Labor (DOL)
Federal Court Orders Health Plan to Distribute $12M in Assets to Participants, Providers
The distribution is the result of a Department of Labor investigation into the AEU Holdings LLC Benefit Plan, which was...
Benefits |
Biden Administration Stresses SECURE 2.0 and Financial Inclusion
Treasury Department report includes a strong focus on implementing programs like the Saver’s Match.
Nearly 900 Firms Register with DOL Under Amended Prohibited Transaction Rule
The list, created under the DOL’s finalized amendment to PTE 84-14, is the first to self-identify managers of ERISA-covered assets.
ERISA Advisory Council to Meet Again on QDIA Topic
The virtual meeting will focus on lifetime income and the access to claims procedures.
Insider Threats: Are Disgruntled Employees a Cybersecurity Risk?
Limiting access, creating protocols aimed at keeping data safe can mitigate sabotage.
A Guide to Buying and Maintaining Cyberinsurance
Now more than ever, plan sponsors need to understand what types of coverage are available and what will fit them...
Plan Security Relies on Vetting 3rd-Party Providers
As third-party subcontractors continue to experience data breaches, plan sponsors must ensure they are asking the right questions about their...
DOL Plans Appeal to Revive Retirement Security Rule
The Department of Labor issued notice that it will appeal two Texas federal court decisions halting its fiduciary rule regarding...
DOL Clarifies Scope of Cybersecurity Guidance
Updated cybersecurity guidance from EBSA extends to all employee retirement benefit plans and health and welfare plans.
GAO Finds Conflicts of Interest in Sale of Certain Retirement Investments
The interests of financial professionals and firms ‘often conflict with the interests of retirement investors,’ according to the watchdog’s report.
DOL to Launch Revamped Federal Benefits Website
The Department of Labor will move digital content to USA.gov in September to streamline information about federal benefits, including Social...
Second Texas Federal Court Broadens Stay of DOL Retirement Security Rule
Decision in the American Council of Life Insurers’ case adds a stay on prohibited transaction rule.
Challenge to DOL’s ESG Rule Sent Back to Texas District Court
The Texas court will re-hear the challenge to the 2022 Department of Labor rule on 401(k) plan investing, now without...
Insurers Continue Effort for Retirement Security Rule Injunction
Nine insurance industry organizations and representatives have responded to the DOL’s rebuttal of the groups’ litigation against the rule as...
DOL’s Retirement Security Rule Challenged by Insurance Industry Associations
The 9 organizations tell a Texas federal court that the new fiduciary rule “exceeds the DOL’s authority under federal law”...
How Self-Auditing the Retirement Plan Prevents Compliance Issues Down the Line
The Department of Labor found many violations in retirement plan audits last year, likely because plan sponsors were not regularly...
How Does the DOL’s Independent Contractor Rule Affect Plan Eligibility?
401(k) and 403(b) plans should review plan documents and independent contractor processes.
ACLI Concerned IB 95-1 Changes Will Cause ‘Chilling Effect’ on PRT Market
The American Council of Life Insurers expressed support for DOL regulation, instead of an interpretive bulletin, to address concerns about...
