Administration | October 1st, 2024 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...
Administration | September 9th, 2024 DOL Clarifies Scope of Cybersecurity Guidance Updated cybersecurity guidance from EBSA extends to all employee retirement benefit plans and health and welfare plans.
Administration | July 2nd, 2024 2024 PLANSPONSOR National Conference On Demand Recorded sessions provide valuable insights and education on plan administration and compliance, equipping plan sponsors with the knowledge needed to...
Compliance | April 8th, 2024 EBSA Head Lisa Gomez Says DOL Continues Honing Retirement Security Rule Department is focused on several areas, including the need for clarity around when a participant educator is crossing the line...
Benefits | January 30th, 2024 EBSA’s Lisa Gomez Calls Auto-Portability Key to Retirement Security The assistant secretary pointed to the start this week of the comment period on proposed auto-portability guidance.
Administration | November 17th, 2023 EBSA Faces Budgeting Constraints as Responsibilities Increase The agency increasingly relies on supplemental funds, despite taking on more responsibilities, such as overseeing SECURE 2.0, according to the...
Compliance | June 22nd, 2023 PSNC 2023: EBSA Head Lisa Gomez Talks DOL’s Priorities The Department of Labor's assistant secretary discussed her agency's list of top projects—from retirement equity to SECURE 2.0 guidance and...
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...
Compliance | September 29th, 2022 Senate Confirms Lisa Gomez as EBSA Head The full Senate voted, 49-36, to confirm the new assistant secretary of labor for the Employee Benefits Security Administration.
Compliance | September 26th, 2019 Eugene Scalia Wins Senate Confirmation as DOL Secretary The new Labor Secretary is known for his previous work at the Department of Labor and for a successful litigation...
Compliance | September 19th, 2018 Business Owner Gets Prison for Benefit Plan Embezzlement A DOL investigation found the business owner used benefit plan contributions for corporate and personal expenses.
Compliance | May 14th, 2018 Court Orders Former Lighting Company Owner to Pay Back Profit Sharing Plan An investigation conducted by the DOL found the past trustee had issued checks from the plan’s checking account to the...
Compliance | March 5th, 2018 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.