by Editorial Staff | Oct 18, 2021 | DOL, Employee benefit plans, ERISA
On October 13th, 2021, the U.S. Department of Labor (DOL) announced a proposed benefits plan management rule. Generally, the rule would remove barriers to specific plan fiduciaries’ abilities. For instance, now considering climate change and other environmental,...
by Editorial Staff | Sep 28, 2021 | DOL, ERISA
Under the Employee Retirement Income Security Act (ERISA), an investigation into possible violations must follow ERISA’s statute of limitations. In general, ERISA sets standards for established retirement and health plans in private industry. In effect, these...
by Editorial Staff | Feb 16, 2021 | DOL, EBSA, Employee Benefits Administration, ERISA
On February 16th, 2021, new fiduciary investment advice guidelines issued by the U.S. Department of Labor (DOL) went into effect. Enforced by the Employee Benefits Security Administration (EBSA), the rule follows the guidelines explained within Prohibited Transaction...
by Editorial Staff | Dec 11, 2020 | DOL, EBSA, ERISA, Uncategorized
On December 11th, 2020, the U.S. Department of Labor (DOL) released a final rule on employee benefit plan shareholder rights. This regulatory framework, created for private employee benefit plan fiduciaries, includes information on proxy voting. It also discusses...
by Editorial Staff | Dec 7, 2020 | DOJ, EBSA, ERISA
The Department of Labor’s (DOL’s) Employee Benefits Security Administration (EBSA) has announced the release of the Form 5500 Annual Return/Report. The 2020 form, released December 2nd, 2020, was in conjunction with the IRS and the Pension Benefit Guaranty Corporation...
by Editorial Staff | Nov 17, 2020 | DOL, Employee Benefits Administration, ERISA
On November 12th, 2020, the U.S. Department of Labor (DOL) announced a final rule establishing registration requirements for pooled benefit plan providers. The rule implements registration requirements pursuant to the Setting Every Community Up for Retirement...