DOL Clears Up Timing for Lifetime Income Illustrations
The agency promised to issue a final rule ‘as soon as practicable’ and recognized transition time may be needed if...
Tag: DOL
TIAA Subsidiary’s SEC Settlement Requires Rollover Reforms
Regulators say the firm failed to adequately disclose conflicts of interest to thousands of participants in TIAA recordkept employer-sponsored retirement...
Opinions |
Cybersecurity for Plan Fiduciaries: Focus on Account Theft
Jeanne Klinefelter Wilson, with Groom Law Group, discusses how to help participants avoid the nightmare of losing their DC plan...
DOL Clarifies Its Stance on Providing Conversation Recordings, Transcripts to Benefit Claimants
The claims regulation referenced in a DOL information letter applies to both health and welfare plans and retirement plans, but...
PSNC 2021: Fiduciary Mistakes to Avoid
ERISA attorneys advised plan sponsors to shore up their cybersecurity efforts and continue regular benchmarking work.
The DOL Has Begun Retirement Plan Cybersecurity Audits
Attorneys say the requests plan fiduciaries have received ask for a broad amount of information and documentation, and they urge...
Biden Asks DOL to Consider Rescinding Last ESG Rule
The president appears to want to pave the way for more ESG investing in retirement plans.
The DOL’s Cybersecurity Guidance in Practice
Experts share insights about implementing the guidance and warn that plan sponsors can expect investigations from the agency now that...
DOL Releases Its First Cybersecurity Guidance
The guidance includes best practices and tips for protecting retirement benefits.
DOL Issues Guidance for Investors, Plans on Investment Advice Exemption
It sets forth questions an investor can ask potential advice providers and information to help them understand the purpose of...
Boston Mayor Marty Walsh Confirmed as Labor Secretary
The Department of Labor (DOL) is expected to play a big role in the President Joe Biden’s effort to help...
Review of DOL Missing Participant Guidance
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
DOL Holding Off on Enforcing ESG, Proxy Voting Rules
Until the publication of further guidance, the department says it will not enforce either final rule or pursue enforcement actions...
EBSA Disaster Relief Notice Highlights Pandemic’s Lasting Impact
This latest regulatory development is just another piece of evidence underscoring how extraordinary the last 12 months have been.
New Administration Backs Out of Lawsuit Against CalSavers
A new filing with the 9th U.S. Circuit Court of Appeals says the DOL no longer wants to participate in...
Labor Secretary Nominee Walsh Shines in Confirmation Hearing
During the confirmation hearing, Boston Mayor Marty Walsh was complimented as being fully qualified for the role of labor secretary...
Biden’s DOL Secretary Pick Walsh Faces Senate Scrutiny This Week
Union leaders say Marty Walsh is a tremendous leader with the kind of empathy, vision and commitment to working families...
Sponsors Should Understand How to Use DOL Guidance on Missing Participants
Industry experts point out that not all suggestions from the DOL work for every plan sponsor, and they share tips...
DOL Offers Guidance for Locating Missing Participants
Guidance in three parts offers suggested processes for DC plans and DB plans and reveals errors DOL staff should look...
Marty Walsh Will Be Nominated as Secretary of Labor
Apart from potentially reversing course on fiduciary rule-related regulations, there are many other areas where sources suggest the next DOL...