Tag: DoL

The payment is part of a settlement of a combined lawsuit by the DOL and SEC.

The Department is offering $100,000 in funding through the Portable Retirement Benefits Planning program.

The plan sponsor ceased operations in 2004 and never properly terminated the plan.

Organizations and individuals in the retirement plan community are invited to submit comments or request to address the ERISA Advisory Council.

The conditions are part of a lawsuit settlement with the DOL.

The agency defends its authority to issue a new rule and to extend provisions of the rule to IRAs.

The IRS, EBSA and the PBGC want to simplify and improve the process of creating and submitting the Form 5500 for employers. 

The DOL published a pretty substantial list of technical corrections to the Best-Interest Contract Exemption—including mostly minor clarifications but also a few potentially substantial adjustments. 

After an initial “catch-up” adjustment, the DOL will adjust civil monetary penalties annually for inflation.

According to LIMRA LOMA Secure Retirement Institute, nearly three in four DC plan providers believe they will need to train their employees about the new DOL fiduciary rule. 

The firm will hold both local events and webcasts featuring its own and outside experts.

In the wake of the DOL rulemaking, a financial advisory firm acts at its peril if it overlooks the prudent investor rule, a new research paper says.

The IRS has announced a new strategy for retirement plan compliance efforts. What should plan sponsors do to prepare for their next compliance check questionnaire?

The final fiduciary rule is out, so what do you need to know? And, just as important, what can you do right now to prepare?

Litigation is the main concern for DC plan sponsors right now.

Following the firm’s open letter to Congress, it is working with key Senate and House members to submit a bill.

Two national insurance advocacy groups have “reluctantly” joined the growing list of plaintiffs asking the federal courts to declare the DOL’s new fiduciary rule arbitrary and capricious. 

Could Google one day be a top provider of investments or financial advice? What about Facebook, or Amazon? 

“RiskPro will help ensure that advisers build portfolios that are in their clients' best interests, as required by the new DOL rules,” says Nick Scalzo, chief executive officer at ProTools.