DOL to Take Fiduciary Seminar to Louisiana
The compliance assistance program will increase awareness and understanding about basic fiduciary responsibilities when operating a retirement plan.
Tag: Department of Labor
Employee Convicted of Embezzling $120K from 401(k) Plan
A former office manager of New England Anesthesiologists, Inc. has been sentenced to 37 months in federal prison and to...
Tax Reform and Other Actions Affect Benefits
During a webcast sponsored by Mercer, implications of the AARP v. EEOC lawsuit ruling were discussed.
Opinions |
Barry’s Pickings: The DOL Slow Walk
Michael Barry, president of the Plan Advisory Services Group, discusses the efforts—or lack thereof—of the Trump DOL regarding the fiduciary...
Court Orders Plan Fiduciaries to Restore Losses for Misusing Plan Assets
The Department of Labor found fiduciaries failed to remit salary deferrals and loan repayments and withdrew assets from the plan...
Fiduciaries of MEWA Barred for Failing to Pay Medical Claims
Employer and employee contributions to the multiple employer welfare arrangement were found in offshore Bermuda accounts.
Embracing In-Plan Annuities
Specific policy changes and plan sponsor initiatives can make guaranteed lifetime income a norm in the DC plan space, TIAA...
Products |
Voya Extends Framework Retirement Program to Tax-Exempt Market
The mutual-fund based program also offers an in-plan retirement income option and access to 3(38) fiduciary services.
DOL Announces Additional Relief for Hurricane Irma Victims
The relief regards verification procedures for plan loans and distributions, participant contributions and loan payments, blackout notices, and group health...
Providers Step Up Their Game With QDIA Offerings
The Department of Labor recommends the incorporation of workforce demographics into QDIA design; different providers have different philosophies about the...