19 January 2021
Recent guidance from the DOL illustrates the outgoing administration’s desire to leave its mark.
Recent guidance from the DOL illustrates the outgoing administration’s desire to leave its mark.
15 July 2020
New DOL guidance would provide advisors with incentives to sell commissionable products.
3 July 2020
The U.S. Department of Labor has issued new proposed regulations that provide guidance on the process that plan fiduciaries should use in selecting ESG investments. In issuing the proposed regulations the DOL targets ESG funds and creates new requirements–and hurdles-to the use of such funds.
DOL Delivers Lump of Coal to ESG Funds
28 May 2020
On May 15 the Department of Labor finalized new “safe harbor” rules for the use of electronic media to provide documents required under ERISA. These new rules represent a potentially important easing of the efforts needed for plan administrators to meet disclosure obligations under ERISA. However, a more careful review of the rules raises significant questions about whether the new rules will live up to their potential.
3 January 2020
The SECURE Act, signed by President Trump, contains a potpourri of provisions encouraging plan formation, use of annuities and adoption of safe harbor designs.
29 October 2019
Employers need to develop strategies for dealing with state/federal tug-of-war over regulatory authority.
26 January 2019
IRS Notice 2018-95 offers relief to employers who have incorrectly administered certain rules governing 403(b) plans. The Notice also provides additional planning opportunities.
IRS Offers Relief 403(b)
19 November 2018
A number of long-term market trends are creating significant pressure on bundled recordkeepers’ revenues. The recordkeepers are responding to these revenue pressures through a variety of ways that impose additional costs on plans and participants.
Fee Compression Fiduciaries Take Note
25 October 2018
Disclosure on health care costs can help reduce those costs. That is not always true.
Increased Health Care Disclosure
11 September 2018
A recent IRS private letter ruling approved an innovative approach that allows employees to balance student loan repayments with saving for retirement.
Combining Student Loan Repayments and Retirement Savings