Browsing Tag
Department of Labor (DOL)
478 posts
Cassidy Calls on Biden to Withdraw Julie Su’s Nomination as Labor Secretary
Senate HELP Committee Ranking Member introduces legislation to prevent Su from serving as Acting Secretary of Labor indefinitely
DOL Seeks Nominees for 5 Vacancies on 2024 ERISA Advisory Council
Interested parties have until Oct. 23 to apply for a 3-year term on the 15-member board that makes recommendations to Labor Secretary on ERISA matters
Employee Fiduciary Looks to DOL for 401(k) Fee Transparency
In a public letter, Employee Fiduciary requested for improvements to annual fee disclosures that those in participant-directed 401(k) plans receive
Republican Lawmakers Push DOL to Halt Work on Fiduciary Rule
In a new letter to the DOL, Sen. Bill Cassidy (R-LA) and Rep. Virginia Foxx (R-N.C.) asked the DOL to "cease further action" on the fiduciary rule
Federal Judge Sides with DOL on ForUsAll Crypto Complaint
In the dismissal, a district judge ruled that ForUsAll could not prove the DOL's guidance had financially harmed its business
GAO Asks DOL to Focus on 403(b) Plans
The report looks at improvements that Department of Labor could make in supporting ERISA and non-ERISA 403(b) plans
401(k)s Miss Out on Billions by Not Adding Private Equity, Study Finds
New report says defined contribution plans incorporating PE and real estate investments like defined benefit plans do could add $35 billion a year
DST 401(k) Plan Fiduciaries On Hook for $125 Million in ERISA Settlement
Department of Labor announces “extraordinary” settlement in case where more than 9,000 participants suffered large losses due to plan’s lack of diversified investments
House Republicans Target ‘E’ in ESG
A working group created by House Republicans published a report outlining its goals against ESG policies
Incoming DOL Fiduciary Rule Slated for August
The DOL's Spring Regulatory Agenda includes a proposal that would amend the regulatory definition of a fiduciary