Tag: Department of Labor (DOL)

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...

The 2010 ERISA Advisory Council will study whether the audit requirement and financial reporting model contained in the Employee Retirement Income Security Act (ERISA) §§ 103 and 104...

The House GOP Savings Recovery Solutions Group wrote to Labor Secretary Hilda Solis and Treasury Secretary Timothy Geithner to oppose proposals that would affect private-sector defined contribution retirement...

The ERISA Industry Committee (ERIC) urged the U.S. Department of Labor (DoL) against requiring sponsors to feature annuities as distribution options and toward providing a genuine safe harbor...

In comments to the Department of Labor (DoL), TIAA-CREF announced its support for giving workers access to annuities in retirement plans.

The U.S. Department of Labor (DoL) has announced plans to change a 2007 mandate requiring that employers give participants more target-date fund information.

Half (52%) of affluent Americans believe that more could be done to assist individuals in their retirement saving efforts, according to a recent survey.

The Advisory Council on Employee Welfare and Pension Benefit Plans has called for the creation of a presidential commission to define a new national retirement policy and develop...

The Employee Benefits Security Administration (EBSA) is one of a number of Department of Labor (DoL) agencies participating in a new Web site aimed at making a variety...

The American Society for Pension Professionals and Actuaries (ASPPA) has requested transitional relief for 501(c)(3) organizations offering 403(b) plans that have found themselves inadvertently subject to Title I...

Regulators might be cracking down on prohibited advice arrangements in retirement plans and broadening the scope of fiduciary status, suggested Jason C. Roberts, partner and co-chair of the...

The U.S. Department of Labor hopes to have its revisions to the service provider fee disclosure regulations out by May, according to an official from the Employee Benefits...

The U.S. Department of Labor has obtained consent judgments providing for restitution of more than $12 million by plan officials and service providers involved with the employee stock...