DOL Proposes Rule on Employee Benefit Plan Proxy Voting
The proposal sets forth ‘permitted practices’ under which the plan fiduciary can adopt certain proxy voting policies and parameters, among...
Tag: DOL
Investors Seek More Substantive PEP Guidance from DOL
Though they applaud the direction the Department of Labor is taking, expert ERISA attorneys say a new proposed rule does...
DOL to Hold Hearing on Investment Advice Proposed Rule
The DOL said it received several requests for a hearing during the comment period and commenters expressed interest in its...
DOL Letters Seen as Further Effort to Restrict Use of ESG in Retirement Plans
Before it published a proposed rule, the DOL sent letters to plan sponsors about ESG investment practices. Sources share thoughts...
DOL Issues NPRM on PEP Provider Registration
Providers of pooled employer plans (PEPs) must first register with the DOL before plans can begin operating.
DOL Releases Interim Final Rule on Lifetime Income Illustrations
The interim final rule includes assumptions plan administrators must use to calculate estimated lifetime benefit payments to be included on...
Can Plan Sponsors Send Documents Electronically Right Away?
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
DOL Fiduciary Rule Debate Continues in Public Comments
Some argue the fiduciary proposal is being rushed, while others broadly support the Department of Labor’s aim to align its...
DOL’s Proposed ESG Restrictions Panned in Public Comments
The clear trend among investment managers, retirement industry professionals and members of the public is skepticism about the need for...
Did DOL Guidance Permit Private Equity Investments in 403(b)s and 457(b)s?
Experts from Groom Law Group and Cammack Retirement Group answer questions concerning retirement plan administration and regulations.
DOL’s Proposed ESG Restrictions Criticized by Senate Democrats
The Democratic senators join in a chorus of concerned stakeholders who say the DOL is being overly restrictive about the...
Opinions |
DOL’s Proposed ‘PTE’ on Fiduciary Advice: Same Pig, Different Shade of Lipstick
Michael Barry, president of O3 Plan Advisory Services LLC, discusses why he thinks the DOL’s new proposed fiduciary rule is...
What to Know About Potential Open MEP Conflicts
Attorneys say employers considering whether, and what type, of multiple employer plan (MEP) to join will want to closely monitor...
Opinions |
Barry’s Pickings: ESG QDIA
Michael Barry, president of O3 Plan Advisory Services LLC, offers his thoughts on the DOL’s proposal to ban ESG-centric funds...
Back to the Fiduciary Future?
Analysts say the Department of Labor is officially reinstating the “five-part test” for determining fiduciary status.
DOL ESG Proposal Throws a Cloud Over Prior Guidance
The proposed regulation seems to create stricter limits for ESG investing in retirement plans, but experts say it is not...
Newly Published DOL Fiduciary Proposal Matches SEC’s Reg BI
The proposed rule aligns with the SEC’s Regulation Best Interest and the Suitability in Annuity Transactions Model Regulation adopted last...
DOL Seeks Stricter Limits on ESG Investing Under ERISA
The proposed regulation would “confirm that ERISA requires plan fiduciaries to select investments and investment courses of action based solely...
DOL Issues SECURE Act RFI on PEPs, Prohibited Transactions
Using affiliates to provide services and proprietary investment products when offering a pooled employer plan (PEP) raises fiduciary and prohibited...
DOL Position on ESG Investing May Soon Shift (Again)
A forthcoming proposed regulation from the DOL is expected to address the topic of environmental, social and governance (ESG) themed...