The amendments remove credit rating requirements related to the evaluation of non-convertible debt securities, commercial paper and securities lending transactions.
The Department of Labor wants help identifying actions it can take to safeguard employees’ savings and pensions from threats related to climate change.
A solid retirement plan is essential for workers’ financial well-being and may be just as important as health benefits, the firm argues.
Alight has been sued by retirement plan participants whose accounts were hacked, and the Department of Labor is investigating the provider's practices.
An Employee Benefits Security Administration report offers insight on how the agency gets leads for its enforcement actions.
A Department of Labor lawsuit says the fiduciaries allowed the ESOP's ownership shares to be sold for less than market value to benefit themselves and two board member's children.
The requirement to produce requested documents and the definition of relevant documents addressed in a DOL information letter applies to retirement plans, an attorney tells PLANADVISER.
Attorneys have confirmed that the DOL has begun an audit initiative and is asking for a broad range of cybersecurity information and documentation.
President Joe Biden seems to want to pave the way for more environmental, social and governance investing in retirement plans.
The legislation, which follows a year of back-and-forth on ESG investing, would amend ERISA to make it clear that plans may consider ESG factors in their investment decisions.
The guidance, which is the first of its kind, includes best practices and tips for protecting retirement benefits.
This is meant to help retirement investors, employee benefit plans and investment advice providers.
The Government Accountability Office calls for more guidance on cybersecurity matters and lists recommendations for the DOL to implement.