The Labor Department has revealed its long-awaited fiduciary rule, along with some novel implications for record-keepers, rollover and Pooled Employer Plans advice. Titled “Improving Investment Advice for Workers & Retirees“, the proposal offers a new… Read Moreabout DOL Releases New Fiduciary Rule
Retirement plans and, specifically, their plan sponsors are being threatened more and more by cyber attacks. Recordkeepers, custodians, and third party administrators are being attacked due to all the valuable personal data they harbor and… Read Moreabout Plan Sponsors Specifically Threatened by Cyber Attacks
According to a new proposed rule from the Labor Department, ERISA plan fiduciaries are not allowed to invest in ESG vehicles that take on more risk and sacrifice investment returns. The rule, published Tuesday night,… Read Moreabout DOL Proposal Fortifies Fiduciary Role in ESG Investing
The Department of Labor just published its Request for Information (RFI) on PEPs, or Prohibited Transactions involving Pooled Employer Plans (PEPs) under the SECURE Act as well as other multiple employer plans. Per a press… Read Moreabout DOL Releases RFI on PTEs Involving Pooled Employer Plans
The Department of Labor has given the green light to private equity investments in professionally handled funds within 401(k)s. In a detailed Information Letter, the head of Division of Fiduciary Interpretations at the Employee Benefit… Read Moreabout DOL Approves Private Equity in TDFs
With the devastating pandemic currently transpiring, it’s understandable if you have not kept up with the Labor Department’s final say on default electronic disclosure. Launched on May 21st, this rule includes new modifications in response… Read Moreabout 3 Things You Need to Know About E-Delivery
When it comes to managing an employee benefit plan, even if a plan sponsor commits a very small plan violation, such an incident can result in hefty ERISA penalties. Even failing to file Form 5500… Read Moreabout Detrimental Assumptions Plan Sponsors Make
