Tag: Department of Labor (DOL)

The SEC chair issued only a brief statement on his intention to work with DOL officials on reforming conflict of interest regulations—but his language is revealing.

Learn about the most common plan errors and how plan sponsors can correct them under the IRS Self-Correction Program.

The DOL says the seminar will increase awareness and understanding about basic fiduciary responsibilities when operating a retirement plan.

The firm is not sharing all the details of its compliance plan for the DOL fiduciary rule, but it has confirmed it will put some new limits on...

In the midst of ongoing litigation regarding excessive fees, plan sponsors need an understanding of the different fund share classes available and how they affect fee structure. 

Leading experts explore retirement-related developments in Washington, D.C., and state capitals across the U.S.

Financial services industry lobbying groups quickly voiced surprise and frustration once confirmation emerged that the Trump administration will allow a strict new fiduciary standard to take effect. 

In the end the Trump administration will allow the Obama-era DOL fiduciary rule to take effect; industry observers are split about what exactly this means for the long-term.

Witnesses called out regulations that hurt Americans retirement savings—the fiduciary rule, among others—and made recommendations for new rules that...

The settlement agreement delivers millions of dollars in compensation to TIAA employees, as well as non-monetary settlement provisions, while insulating the firm from further claims along these lines. 

The seminar will be held in Springfield, Illinois, on June 21.

In an SEC filing, 3M said it was notified by the DOL in April 2015 that the agency was investigating its pension plan for violations of ERISA.

Passage of the CHOICE Act by the House Financial Services Committee could signal a further blow to conflict of interest regulations adopted by the Obama administration. 

As a new leader takes the helm at the SEC, advisers wonder whether the regulator’s recent focus on retirement industry conflicts of interest will be relaxed. 

The Senate has passed legislation mirroring House-approved measures that will eliminate the Obama-era DOL rules regarding exempting state- and municipality-run retirement plans from ERISA.

New fiduciary education programming from LIMRA LOMA SRI is aimed at supporting retirement plan sales and service professionals operating under evolving ERISA standards. 

The newly confirmed Secretary of Labor, Alexander Acosta, will steer from the top the effort to either overturn or leave in place the Obama-era fiduciary rule and other...

The DOL's Employee Benefit Security Administration hopes a new initiative will help it “overcome the limitations seen in existing data collection activities.”

The Trump Administration’s Department of Labor still has not amended or replaced the Obama-era fiduciary rule as it has pledged to do; it has simply issued a brief...

Fiduciaries of the Weinhagen Tire Company 401(k) Plan agreed to an order resolving the DOL's lawsuit claiming the fiduciaries allowed the misdirection and misuse of employee contributions.