Deals & People November 25th, 2024 Trump Picks Union Supporter for Secretary of Labor President-elect Donald Trump announced his intent to nominate Rep. Lori Chavez-DeRemer, an Oregon Republican, to head the Department of Labor.
Compliance November 22nd, 2024 Mercer: Trump, New Congress Will Likely Continue Bipartisan Work to Expand 401(k) Coverage Mercer’s policy lead says bipartisan work should continue to expand employer-sponsored retirement plan coverage, but tax treatment of such plans...
Compliance November 20th, 2024 Correcting 401(k) Auto-Enrollment Failures ERISA experts Fred Reish and Joan Neri answer a question about addressing a plan sponsor client’s error in implementing automatic...
Compliance November 18th, 2024 DOL Initiates Data Collection to Reunite Workers With Lost Retirement Savings The Retirement Savings Lost and Found database is expected to go live in December.
Compliance November 11th, 2024 DOL Extends Disaster Relief Timeline for Plans Impacted by Hurricanes Relief ends on May 1, 2025, for areas impacted by hurricanes.
Practice Management November 7th, 2024 ERISA Experts See Regulation Pullback as Key Theme of Trump Rule A Trump administration and likely Republican-led Congress will create opportunities in many areas of retirement advisement, but they will also...
Practice Management November 6th, 2024 Industry Watchers Point to Fiduciary Rule, ESG, Markets After Trump Win The employer-sponsored retirement plan industry will be watching for shifts in policy and focus with the return of a Donald...
Data & Research October 31st, 2024 Most Hybrid RIAs Favor Retirement Fiduciary Standard DPL Financial Partners, which works in commission-free annuities, released a survey of RIAs and broker/dealers regarding the DOL’s stalled fiduciary...
Compliance October 29th, 2024 Treasury Launches Financial Inclusion Plan, Stresses SECURE 2.0 Provisions The department’s report includes a strong focus on implementing programs like the Saver’s Match.
Compliance October 21st, 2024 DOL Publishes 1st List of Firms Using Qualified Plan Exemptions The list includes nearly 900 companies as part of the DOL’s finalized amendment to PTE 84-14.
Client Service September 27th, 2024 6 Steps to Help Participants Safeguard DC Assets McKinsey cybersecurity experts give tactics to protect against scammers.
Compliance September 9th, 2024 DOL Issues Updated Cybersecurity Guidance A new compliance release issued by EBSA clarifies that cybersecurity guidance applies to all employee retirement benefit plans and health...
Compliance August 30th, 2024 DOL Recommends Reopening Retirees’ Lawsuit Against IBM The Department of Labor has backed an appeal by IBM retirees to reopen a lawsuit alleging the company used outdated...
Compliance August 15th, 2024 Missouri Court Strikes Down Anti-ESG Rules A district court judge put a permanent injunction on rules that required advisers to disclose any time they made decisions...
Compliance August 14th, 2024 A Compliant Process for Plan-to-IRA Rollovers Fred Reish and Joan Neri detail how RIAs can comply with current rules while the new DOL fiduciary rule remains...
Compliance August 9th, 2024 DOL to Launch Revamped Federal Benefits Website The department is ‘centralizing’ government benefits such as Social Security and disaster relief at USA.gov.
Compliance August 6th, 2024 Senate Committee Passes Bill That Would Boost EBSA Funding The bill differs from a recent House Appropriations Committee proposed budget that would cut funding for the Employee Benefits Security...
Compliance July 29th, 2024 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...
Compliance July 26th, 2024 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.
Compliance July 22nd, 2024 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...