Next month employers and plan fiduciaries in the Los Angeles, California area will get a chance to better understand their fiduciary responsibilities.
The head of the Department of Labor's Employee Benefits Security Administration (EBSA) said today that the agency plans to
release its long-awaited regulation dealing with providers’ fee
disclosure under 408(b)(2) in May 2010.
In implementing its newly announced initiative to see how it can best facilitate the use of lifetime income investment vehicles in retirement plans, the U.S. Department of Labor (DoL) plans to release a formal request for information document in January.
The head of the U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) will host a live public Web chat to discuss its regulatory agenda.
The U.S. Department of Labor (DoL) said it is investigating how it can best encourage the use of lifetime annuities or other similar instruments.
On Monday, the U.S. Department of Labor will present video remarks by Secretary Hilda L. Solis outlining the department’s regulatory agenda.
Those who were wondering when—or perhaps if—the issues raised in those revenue-sharing lawsuits would ever actually be tried got a strong, affirmative response last week.
The U.S. Department of Labor's Employee Benefits Security Administration (EBSA) has scheduled a fiduciary education seminar for December 8 in St. Louis.
House Republican Leader John Boehner (R-Ohio) today blasted the decision by the Obama Administration to withdraw the final regulations on investment advice.
The long saga of the U.S. Department of Labor’s (DoL) hotly debated investment advice rule took another twist today when the DoL’s Employee Benefits Security Administration (EBSA) announced the controversial final rule is being withdrawn.
The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) announced Monday that it is giving itself until May 17, 2010, to develop a new version of its final investment advice rule.
About a week ago, Caterpillar agreed to a $16.5 million settlement of one of those allegedly excessive fee/revenue-sharing lawsuits.
Plan sponsors (and “plan professionals,” including advisers) looking to bone up on the new Form 5500 will have another chance to do so online.
The Department of Labor's Employee Benefits Security Administration (EBSA) has issued additional guidance in response to questions from plans and service providers on the requirements for reporting service provider fees and other compensation on Schedule C of Form 5500.
I am admittedly something of a pension (and regulatory) geek, but when the SunAmerica Opinion was published (December 2001), it was clear that something big had just happened.
Disgraced NFL quarterback Michael D. Vick has agreed to pay $416,461 in restitution to a pension plan sponsored by his company MV7 LLC to settle allegations Vick had funneled off plan assets for his personal use.
Sitting in the audience at the ASPPA/DoL Speaks conference last week, I was reminded just how disruptive it can be to have a new boss.
When it comes to employee benefit plans, there’s a new sheriff in town.
The Department of Labor is killing the final 401(k) investment advice rule under the Pension Protection Act, according to news reports.
A trade group representing retirement services industry providers has recommended the creation of a mandatory standardized 401(k) plan.