Tag: Department of Labor (DOL)

The agency says compliance can be challenging for small and medium-sized employers who have limited time, resources and access to professional help.

Several U.S. Senators have sent a letter requesting answers from Fidelity on their decision to allow plan sponsors to offer...

The Labor Department’s proposed amendment to a widely utilized prohibited transaction exemption is meant to ensure the exemption continues to...

To date, the Pension Benefit Guaranty Corporation’s multiemployer pension support program has operated on an interim rule and has protected nearly 130,000 individuals’ pension benefits across some 560...

Labor Secretary Marty Walsh testified to Congress that DOL is open to a rule that would regulate cryptocurrency in retirement...

Retirement benefit plans have deep pockets—filled with both assets and sensitive information—so it only makes sense that they are a...

While often spoken about as a new or emerging phenomenon, the practice of building portfolios that address environmental, social and...

The long-awaited full Senate hearing is now on the docket for next week.

The DOL’s Compliance Assistance Release No. 2022-01 urges plan fiduciaries to exercise ‘extreme care’ before they consider adding a cryptocurrency option to a 401(k) plan’s investment menu.

The amendments remove credit rating requirements related to the evaluation of non-convertible debt securities, commercial paper and securities lending transactions.

The agency says the webcasts will help employers and service providers understand provisions of ERISA and how to avoid common problems in plan management.