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.
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
Attendees, numbering over 800, appeared to be ready for business. Celebrating it’s 15th such conference, it also Fi360’s 20th anniversary.
Fiduciary Advocates Rip Reg BI in Congressional Testimony
Fiduciary proponents gathered in Washington before the House Subcommittee to vent their views and decry the death of the DOL's Conflict of Interest Rule.
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 401(k) Fiduciary Frustration
New Year’s resolutions typically don’t stick, but plan sponsors should double their efforts, or it could cost them—dearly.…
Fred Reish: More on What ‘Best Interest’ Really Means (In the Real World)
In my last two posts (Bests No. 9and No. 10), I discussed the definition of the Best Interest standard…
Missing Participants and Fiduciary Responsibilities: A Risk for TPAs
The Department of Labor (DOL) is aggressively investigating the practices and procedures of plan sponsors with respect to…