Browsing Tag
Department of Labor (DOL)
478 posts
DOL Urged to ‘Prioritize’ 6 SECURE 2.0 Provisions
Emergency savings accounts provision among those singled out in letter from Senate HELP Committee Chair Bernie Sanders and Ranking Member Bill Cassidy
DOL Prioritizing ESG, New Fiduciary Rule and SECURE 2.0 Projects, Says Gomez
Assistant Secretary of Labor Lisa Gomez touched on the DOL’s priorities in the next year, including a potential upcoming fiduciary rule, enhanced education on ESG factors, and SECURE 2.0
DOL Abandons Appeal in Florida 401(k) Rollover Ruling
A new fiduciary rule said to be in the works at the Department of Labor might make the decision moot
Biden’s Labor Secretary Nominee Su Faces Republican Opposition in Senate
Nominee Julie Su defended her track record as deputy labor secretary while Republicans questioned her experience
SEC Publishes Final Guidance on Reg BI
The latest bulletin comes after Rep. Byron Donalds accused the SEC of considering to rewrite the Reg BI in a new letter
DOL’s Lifetime Income Illustration Flaws Will Back Sponsors into a Corner
By mandating Illustrations that don’t provide a proper estimate of future retirement income, James Kavanagh argues the DOL has created a dilemma for plan sponsors
Texas Judge Rejects Biden Request to Transfer ESG Suit
The DOL had previously argued that none of the plaintiffs resided in district where the lawsuit was filed
House GOP Fails to Override Biden ESG Veto
The Republican-led House failed to meet a two-thirds majority vote that would override President Biden's first veto
DOL Reopens Comment Period for QPAM Exemption
The DOL says "at least one interested party" may have additional information to provide to the Department
Biden Veto Preserves Labor Department’s ESG Final Rule
First veto of Biden presidency—backed by American Retirement Association—is unlikely to be overridden by Congress, meaning new rule allowing retirement plans to consider environmental, social and governance factors would stand