Compliance | January 30th, 2023 25 States Bring Suit Against ESG Regulation The DOL’s new rule on ESG, which takes effect today, is being challenged by a range of actors in a...
Compliance | January 20th, 2023 Rules for Sponsor Self-Correction Broadened by Both SECURE 2.0 and DOL Proposal The DOL made a proposal to expand the VFCP in November 2022, and SECURE 2.0 also made changes to IRS...
Compliance | January 10th, 2023 DOL to Inquire If Regulatory Guidance Could Boost PEPs EBSA's agenda includes speaking with plan sponsors, service providers and plan participants; asking what regulators can do to help increase...
Benefits | December 8th, 2022 Central States Teamsters Pension Fund Becomes the Largest SFA Rescue The multiemployer plan will receive $35.8 billion in assistance, making it the largest bailout under the Special Financial Assistance program...
Compliance | November 28th, 2022 New DOL Proposal Would Allow Fiduciaries to Self-Correct Certain Errors If certain conditions are met, the proposal would allow fiduciaries to correct mistakes themselves without incurring a civil penalty.
Compliance | October 7th, 2022 New Bill Would Void Mandatory Arbitration in ERISA-Governed Plans The Mental Health Matters Act moves to the Senate after House passage, and would eliminate forced arbitration clauses, class action...
Data and Research | January 20th, 2022 Plan Sponsors Expected to Bring Changes Benefiting Workers A higher salary might not be as effective to attract recruits as providing generous benefits, such as larger employer matching...
Compliance | March 16th, 2021 GAO Calls on DOL to Issue Cybersecurity Guidance In a new report, the Government Accountability Office says DC plan fiduciaries need more guidance on cybersecurity.
Investing | December 23rd, 2020 Biden Administration Expected to Weigh In on ESG Investments President-elect Joe Biden’s proposals on climate change and sustainability, indicate it is likely that the new administration will issue guidance...
Administration | November 6th, 2019 The Case for E-Delivery of Retirement Plan Notifications Why some participants prefer paper copies, and how employers can encourage them to make the switch.
Compliance | August 31st, 2018 President Trump Orders Review of Open MEPs, RMD Rules President Trump on Friday called on the Department of Labor to consider the pros and cons of allowing small businesses...
Compliance | July 16th, 2018 Sifting Through Retirement Plan Regulations Understanding the hierarchy of regulations and how plan sponsors should interpret seemingly conflicting ones.
Compliance | June 20th, 2018 DOL Finalizes Regulations to Extend Small Business Access to Health Plans However, the Trump administration has already been threatened with a lawsuit over the regulation.