Tag: Department of Labor (DOL)

Phyllis Borzi, Assistant Secretary of Labor of EBSA, told legislators it is imperative that impartial investment advice be accessible and affordable to retirement plan sponsors and participants.

In my experience, there are three major reasons that people save for retirement.   

In a letter to Congress, the Pension Rights Center urged legislators to support the Department of Labor’s proposed regulation to alter the definition of the term "fiduciary” under...

At last week’s Northeast Area Benefits Conference, co-sponsored by the IRS and ASPPA, two Certified Public Accountants discussed the many moving parts of a retirement plan audit.  

In a live Web chat, Phyllis Borzi, Assistant Secretary of Labor for the DoL's Employee Benefits Security Administration, said her staff is working to finalize its proposed amendment...

At a conference in New York City this week, sponsored by the IRS and ASPPA, Craig Hoffman, General Counsel for ASPPA, discussed several hot-button issues working their way...

Castle Rock Innovations (CRI) announced its partnership with The Wagner Law Group to support CRI's AXIS Retirement Plan Analytic Platform.

Protective Life Corporation announced that Elaine L. Chao, former U.S. Secretary of Labor, has been elected to the Birmingham, Alabama, insurer’s Board of Directors. 

Castle Rock Innovations (CRI) and Millennium Investment and Retirement Advisors (MIRA) will collaborate to provide turnkey 408(b)(2) fiduciary analytics and consulting services.

As part of its efforts to comply with the President’s executive order for agencies to find ways to reduce regulatory burden, the U.S. Department of Labor has launched...

The U.S. Department of Labor’s (DoL) Employee Benefits Security Administration will host a free Spanish-language retirement savings Webcast on June 22. 

The American Society of Pension Professionals & Actuaries (ASPPA) has responded to the U.S. Department of Labor’s (DoL) June 1 publication in the Federal Register. 

The Department of Labor’s (DoL) proposal for a new definition of fiduciary was discussed at the PLANSPONSOR National Conference—and a representative from the DoL was present to add...

According to a recent white paper, researchers have found that electronic delivery of retirement documents benefits plan participants, and urge the Department of Labor to make it the...

In a letter to the Department of Labor (DoL), the SPARK Institute expressed its support for the proposed extension of the applicability dates for fiduciary-level and participant-level 408(b)(2)...

The Pension Rights Center, a nonprofit consumer rights organization, believes that current safe harbor rules balance the interests of participants and beneficiaries, and the interests of efficient plan...

Secretary of Labor Hilda Solis filed an amicus brief with the U.S. Court of Appeals for the Fourth Circuit asking for a rehearing and reversal in the McCravy...

In an amicus brief filed on behalf of plaintiffs in Taylor v. KeyCorp, Secretary of Labor Hilda L. Solis explains her opinion.

The U.S. Department of Labor (DoL) obtained six consent judgments requiring payment of nearly $10.5 million in restitution to the DirecTECH Holding Co. Inc. Employee Stock Ownership Plan...

As the last day of submitting comments to the Department of Labor (DoL) drew to a close, the American Society of Pension Professionals & Actuaries (ASPPA) urged the...