Browsing Tag
Department of Labor (DOL)
512 posts
The U.S. Department of Labor (DOL) is a cabinet-level federal agency that focuses on the welfare of American workers. It’s responsible for enforcing labor laws, promoting safe working conditions, and ensuring fair employment practices. The DOL also oversees programs related to unemployment benefits, job training, and workplace safety.
SEC Fines 8 Broker-Dealers for Cybersecurity Failures
The SEC today announced it has sanctioned eight firms in three actions for failures in their cybersecurity policies and procedures.
4 in 10 Participants Don’t Understand 401(k) Fees—Or Know They Even Pay Them
Almost 40% of 401(k) plan participants do not fully understand and have difficulty using the fee information that…
New Cyber, Fiduciary Liability Package Protects 401k Plan Sponsors from Growing Risk
In response to the Department of Labor’s April 2021 guidance on cybersecurity and data privacy, Colonial Surety recently…
Clock About to Start Ticking on Lifetime Income Illustrations
Twenty-five days. That’s how long until the Department of Labor’s Interim Final Rule pertaining to the new lifetime…
Biden Taps NYC Attorney Lisa Gomez to Lead EBSA
The White House announced today that President Joe Biden plans to nominate attorney Lisa M. Gomez to be…
DOL to Act on Credit Rating Use in 401k Fiduciary Decisions
Should credit ratings be used by fiduciaries when making investment decisions for retirement plans? As a result of…
Department of Labor to Change Definition of Fiduciary
Fiduciary Rule Definition Change proposed by DOL and EBSA to update investment advice standards for employee benefit plans and IRAs.
Fred Reish’s Fiduciary Update: Qualified Plan Fiduciary Summit
Faegre Drinker fiduciary expert Fred Reish once again gave Qualified Plan Fiduciary Summit attendees critical insight and bold…
PRESTON’S PRIORITIES: An Insider’s View of Retirement Regulation
The SECURE Act, ESG, missing participants, private equity, the fiduciary rule—there are A LOT of issues with which…
DOL Releases Cybersecurity Guidance for 401(k) Plans
The second guidance release in as many days from the Department of Labor covers best practices for maintaining…