Browsing Tag
Department of Labor (DOL)
517 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.
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…
Department of Labor Issues Guidance on 401k Fiduciary Rule
In what seems like déjà vu all over again, the U.S. Department of Labor’s Employee Benefits Security Administration…
New Labor Secretary Confirmed; Fiduciary, ESG in Focus
Former Boston Mayor Marty Walsh was confirmed on a bipartisan basis Monday by the Senate as the 29th Secretary…
GAO to DOL: ‘Provide 401(k) Cybersecurity Guidance’
Cybersecurity risk in 401(k) accounts is a growing problem, and now the Government Accountability Office (GAO) is telling…
Biden’s DOL Scraps Trump Era ESG Rule
The Department of Labor’s Employment Benefits Security Administration (EBSA) announced Wednesday that it will not enforce recently published…
5 Considerations for 401(k) Sponsors About Missing Participants
The problem of missing participants in employer-sponsored retirement plans is one of the most important, yet perplexing issues…