Browsing Tag
Department of Labor (DOL)
478 posts
Top ESG Considerations for Plan Advisors: Groom Law Group
It will be essential for advisors to continue monitoring these developments
Senate Finally Confirms Lisa Gomez as EBSA Head
The White House first announced in July 2020 that President Biden chose Gomez for the post
Business Owners Owe $2M+ in DOL Fiduciary Breach Case
Department of Labor investigation, litigation result in settlement after Interarch Inc. 401k fiduciaries severely mismanaged plan assets
ESOP Association Slams DOL For Decades-Old Regulatory Delay
'It created a regulatory vacuum and a “chilling effect on ESOP formation and operation'
DOL Needs 5 More Members for 2023 ERISA Advisory Council
Nominations for 15-member board making policy recommendations to Labor Secretary are due by Oct. 3
Department of Labor Recovers $131.8M for Wells Fargo 401k Participants
Wells Fargo allegedly used the dividends paid on the preferred shares to defray its obligation to make contributions to the 401k plan
DOL Releases New Bulletin on Independence for Plan Accountants
The department issued an Interpretive Bulletin as far back as 1975 that set forth guidelines
Prison-Bound Financial Advisor Racked Up 37 Complaints in Two Years
Dubious 'achievements' in his young 33 years
Fidelity’s ‘Bitcoin-in-401ks’ Plan Moving Forward Despite Questions from Senators
While a trio of Senators sent a letter this week to Fidelity questioning what they call an “immensely troubling” decision to allow 401k participants exposure to “an untested, highly volatile asset like Bitcoin,” plans to launch this fall remain on track
DOL Announces Proposed Changes to 401k Asset Management PTE
The industry is changing, and so should the exemption, department says