Compliance November 1st, 2023 IRS Announces 2024 Contribution Limits The new limits come with guidance on all the cost-of-living adjustments affecting dollar limitations for pension plans and other retirement-related...
Compliance October 31st, 2023 DOL Publishes New Adviser Fiduciary Rule for Public Comment The proposal would make one-time advice for rollovers subject to ERISA.
Compliance October 27th, 2023 State AGs Appeal Dismissal of Suit Challenging DOL’s ESG Rule The Department of Labor’s defense continues on two tracks, one in Wisconsin, and 2another in the 5th Circuit.
Compliance October 26th, 2023 New Speaker Mike Johnson Remains an Enigma to Retirement Industry Having served on unrelated committees, Johnson’s legislative record on retirement issues is rather thin.
Compliance October 25th, 2023 ‘You Know What the Rules Are,’ Gensler Tells Crypto Industry The oft-critical SEC chair repeated that the cryptocurrency industry is unusually non-compliant with securities laws.
Compliance October 25th, 2023 SEC Fines BlackRock Advisors $2.5M for Disclosure Violation The SEC charged the firm with inaccurately describing a business in which it held $75 million in debt.
Compliance October 24th, 2023 New Micro-Plans Will Receive Expanded Tax Credit if Bill Passes Startup retirement plan sponsors with less than 10 employees would receive a minimum of $2,500.
Compliance October 23rd, 2023 Best Practices To Vet a Vendor’s Cybersecurity Practices Experts in Cybersecurity provide tips on how to assess partners' defenses in a recent PLANADVISER Cybersecurity livestream.
Compliance October 20th, 2023 DOL Fiduciary Proposal Expected by End of October The proposal is expected to redefine fiduciary in the context of retirement investment advice.
Compliance October 20th, 2023 Bipartisan Support Shown for Federal IRA in Re-Introduced Bill Members of Congress from both parties have been pushing for a federal auto-IRA program through the Retirement Savings for American...
Compliance October 19th, 2023 Supreme Court Declines to Hear Appeal of ERISA Class Action Waiver Cases Two cases ruling that mandatory individual arbitration clauses are unenforceable are effectively upheld, at least for now.
Compliance October 18th, 2023 SEC Proposes Partial Ban on Volume-Based Discounts for Brokers The ban would prevent exchanges from offering volume-based pricing schemes to brokers for agency trades, a practice the SEC sees...
Compliance October 18th, 2023 New PBGC Guarantee Levels, Premiums Announced for 2024 The PBGC also released new guarantee tables for different annuity types.
Compliance October 17th, 2023 OMB Begins Holding Stakeholder Meetings for New Fiduciary Rule The proposal will likely address compensation structures and IRA rollovers, though no draft is available yet.
Compliance October 16th, 2023 SEC Exam Priorities Require Advisers to Account for Client-Specific Needs in Recommendations The regulator also listed expensive, complicated and illiquid investment recommendations as coming under increased scrutiny in 2024.