Never miss a story — sign up for PLANADVISER newsletters to keep up on the latest retirement plan adviser news.
Compliance July 27, 2016
Advisory Council Meeting to Focus on Plan Transfers, Cybersecurity
Organizations and individuals in the retirement plan community are invited to submit comments or request to address the ERISA Advisory Council.
Reported by
Rebecca Moore
The Department of Labor’s (DOL’s) Employee Benefit Security Administration will hold a three-day ERISA Advisory Council meeting August 23 through August 25.
The Advisory Council will study participant plan transfers and account consolidation for the advancement of lifetime plan participation. Cybersecurity for benefit plans will also be addressed.
The Council is asking individuals or organizations who wish to submit a written statement to do so on or before August 16. Those wishing to address the Advisory Council may request by August 16 to do so.
More information is here.
You Might Also Like:
Supreme Court Declines to Hear Ruby Tuesday Appeal in Equitable Surcharge Case
The decision leaves intact a ruling favoring a plan trustee and preserves differing interpretations among appeals courts of remedies available...
Recordkeeper Contracts Can Be Plan Documents, per Federal Appeals Court
The 4th Circuit’s decision strays from what other circuits have held counts as an ERISA-covered document.
11th Circuit Scraps Longstanding ERISA Exhaustion Rule
Participants in Florida, Georgia and Alabama no longer need to complete plan claims procedures before filing fiduciary-breach litigation.
