Are District Court Rulings the ‘Final End’ For DOL’s Fiduciary Rule?
Two federal courts in Texas halted the DOL’s new fiduciary rule. An appeal is likely, but ERISA experts say Congress...
Compliance
Budget Scoring Methods Could Lead to More Complicated Roth Policies
More tricky Roth provisions could be inserted into retirement plan legislation, as long as budget incentives continue to drive policy...
Second US District Court Issues Stay of Retirement Security Rule
The Northern District of Texas quickly followed the Eastern by staying the Department of Labor’s fiduciary rule ahead of its...
Judge Stays DOL’s Retirement Security Rule
The preliminary injunction issued in a Texas district court comes with the fiduciary rule scheduled to take effect September 23.
Pennsylvania Judge Rejects Challenge to FTC’s Noncompete Ban
The ruling contradicts an injunction a Texas court scheduled to take effect in September.
Equity Market Rule Changes Might be Overhauled by SEC This Year
The SEC indicated in its Spring 2024 agenda that it intends to finalize the market structure rules prior to the...
5th Circuit Appeals Court Sends DOL ESG Case Back to Texas Court
A challenge to the 2022 Department of Labor ESG rule on 401(k) plan investing returns to a Texas district court...
PBGC Single-Employer Insurance Fund Tracking for $71.6B Surplus in 2033
What’s more, the Pension Benefit Guaranty Corporation’s multiemployer fund should remain solvent for at least 40 years.
DOL Announces Online Filing for Abandoned 401(k) Plans
The online system launches shortly after the DOL amended a rule to include Chapter 7 bankruptcies.
IRS Proposals Aim to Clarify SECURE 2.0 RMD Reforms
RMD age increases, annuities and excise tax corrections would be codified by the proposals.
IRS Finalizes 10-Year Rule
Annual required minimum distributions will be required for inherited retirement assets, come 2025, with some needing to be fully withdrawn...
IRI Seeks Input on Annuity Data Standardization
Group wants ideas on how best to compile relevant data so annuities can be marketed more effectively.
Off-Channel Communication Tops Investment Adviser Compliance Focus
Communications such as using personal texts with clients topped the marketing rule as the ‘hottest’ SEC regulatory concern for investment...
Insurers Respond to DOL to Forward Fiduciary Rule Lawsuit
Insurance industry advocates press forward with an attempt to get an injunction on the Retirement Security Rule before the September...
Why Chevron Reversal May Make Retirement’s ‘Most Cautious’ Players More Risk-Averse
ERISA experts also suggest that longer-term court rulings could lessen regulatory flip-flopping.