EBSA Enforcement Data Posted to the Web
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...
Tag: Department of Labor (DOL)
ASPPA Asks for Relief for Plans Falling out of ERISA Safe Harbor
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...
Retirement Plan Advisers Should Expect Broader Definition of Fiduciary Status
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...
Retirement Industry Should Get Ready for Fee Disclosure
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...
DoL Recovers More than $12M for Calif. Company ESOP Participants
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...
beyond (k)
403(b) aware
New 403(b) rules may offer opportunities for advisers to have a "client touch"
law & order
Choose Your Designated Hitter
Final QDIA regulations likely to bring changes for many plans
cover story
The Path Ahead
Plan sponsors want more fee disclosure, and regulators will likely require it soon. That is both a threat and an opportunity for advisers.
DoL Sues ESOP Trustee over Stock Purchase
The U.S. Department of Labor has sued a trustee of the Westra Construction Inc. Employee Stock Ownership Plan (ESOP) for alleged violations of the Employee Retirement Income Security...
DoL Proposes Revamped Investment Advice Rule
The White House today proposed a new rule to implement the exemption for investment advice in the Pension Protection Act (PPA).
regulatory radar
Putting out Fires with Gasoline
The DoL pulls controversial participant investment advice rules—what’s next?
fiduciary fitness
Broadening Your Business
How to deal with the DoL’s campaign against cross-selling
EBSA Offers Form 5500 Guidance for 403(b) Plans
The U. S. Department of Labor’s Employee Benefits Security Administration (EBSA) has issued guidance for 403(b) plans subject to new Form 5500 reporting requirements.
Plan Sponsor Sentenced for 401(k) Theft
A plan sponsor charged with stealing from her company’s 401(k) plan has been sentenced to more than two years in prison.
DoL Posts Six EFAST2 User Guides
The Department of Labor (DoL) has posted on its Web site six EFAST2 user guides to assist with electronically filing Form 5500 for 2009 and later plan years.
DoL Calls for Public Comment about Annuities
As expected, the Obama Administration has issued a request for information (RFI) to gather public comment about whether and how the government should promote lifetime income products in...
DoL Releases Form 5500 Info on Benefit Plans
The U.S. Department of Labor's Employee Benefits Security Administration has released to the public online datasets of Form 5500 annual report/returns for approximately 800,000 retirement, health, and other...