Tag: Department of Labor (DOL)

The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) will re-propose its rule on the definition of a fiduciary.

The U.S. Department of Labor held a Webcast earlier this week to summarize its final fee disclosure regulations and answer questions on the rules.

The U.S. Department of Labor’s Employee Benefit Security Administration (EBSA) is hosting a Webcast to discuss the final rule on improving the transparency of fees and expenses for...

The U.S. Department of Labor has sued trustees of a benefit fund for violating the Employee Retirement Income Security Act (ERISA) regarding loans issued from the fund.

The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have requested comments from the public to assist in conducting a joint study on stable...

The fiduciary exception to the attorney-client privilege rule extends to plan administration between an ERISA trustee and a plan attorney, the 4th U.S. Circuit Court of Appeals has...

The U.S. Department of Labor’s Employee Benefits Security Administration will host a Webcast on August 24 to inform plan sponsors and service providers about the EBSA enforcement program,...

U.S. Secretary of Labor Hilda L. Solis is asking an appellate court to uphold a district court's decision refusing to dismiss a claim that SunTrust plan fiduciaries...

In light of recent statements regarding its position on the proposed definition of fiduciary regulation, the American Society of Pension Professionals & Actuaries (ASPPA) reiterated its support of...

Legislators have suggested that the U.S. Department of Labor re-propose its change to the definition of fiduciary and include more economic analysis.

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...