Tag: Department of Labor (DOL)

The U. S. Department of Labor’s Employee Benefits Security Administration (EBSA) has released the agenda for the upcoming joint hearing with the Department of the Treasury on lifetime...

The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) will hold a free New York City workshop on September 1 about its Voluntary Fiduciary Correction Program (VFCP)....

After months of anticipation, the Department of Labor (DoL) has released its interim final rule on fee disclosure.

A business owner in Holyoke, Massachusetts, has pleaded guilty to embezzling $45,000 from his employees' retirement plan.

The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) is offering a free workshop for employee benefit plan professionals, including clients of plan service providers.

A federal court judge has refused to dismiss claims by a 401(k) participant that plan fiduciaries breached their duties when they transferred his accounts into a new default...

Is it automatically the right strategy for your clients?

The Department of Labor’s Employee Benefits Security Administration has announced two upcoming dates for its “Getting It Right…Know Your Fiduciary Responsibilities” seminar.

Sponsors and plan service providers with questions about the U.S. Department of Labor’s ERISA Filing Acceptance System (EFAST2) can listen to an upcoming Webcast to get some answers.

Secretary of Labor Hilda L. Solis has once again contended that safe harbor status does not shield fiduciaries from liability for imprudent plan investments.

While there are many legislative and regulatory proposals that could affect retirement plans, the financial reform bill and fee disclosure regulations are two actions to watch for next.

The Employee Benefits Security Administration (EBSA) has announced that the EFAST2 electronic filing system for Forms 5500 and 5500-SF employee benefit plan annual reports has a new e-signature...

Nationwide Financial is hosting a conference call Monday to help retirement plan advisers get ahead of upcoming retirement plan regulation and legislative changes, such as fee disclosure.

Secretary of Labor Hilda L. Solis filed an amicus curiae brief with the 4th U.S. Circuit Court of Appeals supporting the remedy of awarding plan participants a “surcharge”...

Secretary of Labor Hilda L. Solis has warned a federal appellate court that protections for plan participants could be harmed if it does not overturn a lower court...

The ERISA Industry Committee (ERIC), in coordination with the U.S. Chamber of Commerce (the Chamber) and the Profit Sharing/401k Council of America (PSCA), submitted comments to the Department...

Research has illustrated that women and minorities lag in retirement savings—and now the government is looking into what, if anything, should be done about it.

ING said it broadly supports investing in guaranteed lifetime income options within a retirement plan and strongly encourages employers to add this type of feature to their plans.

As responses to a request for public comment on use of lifetime income solutions in retirement plans continue to be submitted, a trade group has weighed in with...