Browsing Tag
Department of Labor (DOL)
480 posts
Fred Knows 401k Fiduciary
“What obvious mistakes are made by plan sponsors, investment committees and 401k advisors that drive you absolutely crazy?”…
DOL’s Target for Missing 401k Participants Is ‘Zero’
At the 2019 NAPA 401(k) Summit, Assistant Secretary of Labor Preston Rutledge indicated the DOL’s long-term goal is…
The NeverEnding Story—Reg BI and the Latest Fiduciary Folly
Progress on the fiduciary rule has often looked like two steps forward, one step back (or vice versa).…
‘Good, Bad and Ugly’ of Current Regulatory Regime: 2019 Fi360 Conference
“Wow, that happened quick.” Fi360 executive chairman expressed surprise at how quickly the room quieted at the start…
Fiduciary Advocates Rip Reg BI in Congressional Testimony
Barbara Roper isn’t happy with certain members of Congress. “Had to laugh when House Republicans used today’s hearing…
DOL’s Acosta Slammed By Judge in Pedophile Epstein Case
Labor Secretary Alexander Acosta is once again under fire for a “sweetheart deal” he orchestrated for multimillionaire pedophile Jeffrey…
8 Tedious Tasks 401(k) Plan Sponsors MUST Complete
Tedious tasks are “have to do,” rather than “want to do.” For me, it’s usually cleaning the bathroom…
Why 401(k) Committees Need to Take Meeting Minutes
It’s been said that the DOL and courts take the position that “if it wasn’t documented, it didn’t…
Nevada Forges Ahead with a Fiduciary Standard
Several states are moving ahead with (or exploring) a fiduciary standard in light of the federal governments on-again,…
6 New Year’s Resolutions to Avoid 401k Fiduciary Frustration
New Year’s resolutions typically don’t stick, but plan sponsors should double their efforts, or it could cost them—dearly.…