Compliance April 16th, 2025 DOL Gets 60 More Days to Decide Next Steps in Fiduciary Rule Lawsuit The Department of Labor will have an additional 60 days, to June 16, 2025, to decide its next steps in...
Compliance April 10th, 2025 Former Acting Labor Secretary Su Outlines “Risks” From a Weakened DOL Under Trump In a commentary last week, Julie Su opined about “nightmares that could become the norm in a country without a...
Compliance April 9th, 2025 DOL Provides Guidance About DB Funding Notice Requirements In Field Assistance Bulletin 2025-02, the regulator addressed confusion resulting from ERISA-related questions that arose after passage of the SECURE...
Compliance March 25th, 2025 Voluntary Fiduciary Correction Program Improvements Take Effect The Employee Benefits Security Administration’s updated self-correction tool launched this week.
Compliance March 10th, 2025 Chavez-DeRemer Confirmed as Secretary of Labor The full Senate vote came after President Donald Trump’s pick to head the Department of Labor was cleared by the...
Compliance March 10th, 2025 Fired Probationary Workers Reinstated at EBSA The probationary employees and head of the Department of Labor’s Division of Employee Ownership, who were recently terminated, reportedly received...
Compliance March 4th, 2025 What DOL Layoffs Could Portend for EBSA’s Future Probationary employees and the head of the agency’s division of employee ownership were recently terminated amid President Donald Trump’s efforts...
Compliance March 3rd, 2025 ERISA Advisory Council Status Unclear The ERISA Advisory Council has not yet set a date for the year’s first meeting, and the DOL has also...
Compliance February 12th, 2025 Daniel Aronowitz Nominated to Head EBSA President Donald Trump’s nomination of Aronowitz, an expert on fiduciary liability insurance, was received in the Senate on Tuesday.
Compliance February 11th, 2025 Unions’ Motion for Restraining Order Against DOL Blocked A judge blocked an attempt from several union groups and a think tank to prevent the Department of Labor from...
Compliance February 6th, 2025 Will Trump DOL Move Away From Biden Independent Contractor Classification Rule? Oral arguments in Frisard’s Transportation LLC v. United States DOL were scheduled to begin early this month, but under the...
Compliance February 6th, 2025 Department of Labor Secretary Nominee Gets Confirmation Hearing Date While she has not been publicly outspoken about retirement policy, Chavez-DeRemer has been more active on the employer health plan...
Compliance January 28th, 2025 Education and Workforce Committee Renews Call to Probe EBSA for Alleged ‘Power Abuse’ The committee has once again urged the Department of Labor’s Office of Inspector General to investigate claims that the Employee...
Compliance January 23rd, 2025 Proposed ESOP Rules Scrapped Following Trump’s Regulatory Freeze A presidential executive order issued Monday led to the withdrawal of rules that had not yet been published in the...
Compliance December 30th, 2024 DOL’s Retirement Savings Lost and Found Database Goes Live The database centralizes information for lost retirement accounts and provides guidance to claim funds.
Compliance December 20th, 2024 DOL’s Khawar, Among Architects of New Retirement Fiduciary Rule, To Step Down The career EBSA official who had been appointed by Biden to principal deputy assistant secretary will be leaving January 20.
Compliance December 19th, 2024 Compliance Year in Review David Kaleda, an ERISA expert, reflects on the year that was for plan fiduciaries.
Deals & People November 27th, 2024 Video: Lisa Gomez Discusses Her Exit Strategy The EBSA head discusses the importance of the DOL continuing to do outreach on retirement savings to participants on the...
Deals & People November 26th, 2024 Trump’s Labor Secretary Pick Has More Health Than Retirement History Oregon representative Lori Chavez-DeRemer also comes with pro-labor record that may give pause to Republican Senators.
Compliance November 25th, 2024 DOL Releases Informational Copies of 2024 Form 5500s The instruction updates include how to report on pension-linked emergency savings accounts.