DOL Files Suit Over Employer Stock Valuation
The U.S. Labor Department filed a lawsuit against a Florida employer accused of imprudence in the valuation and sale of the company’s stock to its own employees.
Tag: DoL
‘DOL Lacks Study of Retirement Participant Safety’ ICI Says
DOL proposal on state-run retirement programs promotes confusing patchwork of laws and a few unintended consequences, say industry groups ICI and SIFMA.
$1.3 Million Awarded to Participants of Abandoned Plan
The DOL has obtained judgment to distribute $1.3 million to participants in a Georgia 401(k) plan.
What Comes Next for In-Plan ESG Investing?
From the headline-grabbing U.N. climate summit held in Paris to new DOL regulations on environmentally-minded investing by retirement plans, sustainability is clearly on the mind. How are providers...
Tools, Training to Address DOL Fiduciary Definition
A DALBAR training program anticipates the best interest contract (BIC) exemption.
Fiduciary Rule Will Impact $3T of Assets, Morningstar Says
The research company says it will cost the industry at least $2.4 billion a year to comply with the rule.
Waiting on an In-Plan Income Safe Harbor
Defined contribution retirement plan sponsors remain cautious and curious about structured withdrawal products.
Another Year of Steady Investment Menu Reform
Retirement specialist financial advisers face a constant stream of regulatory and market change—especially regarding defined contribution plan investment menus.
Post Budget Act Stumble, Congress Tries Again to Impact Fiduciary Rule
It’s a particular skill of Congress to make the improbable appear promising—whether it comes to overturning the Affordable Care Act or, as was the case this week, delaying...
Congress Fails in Effort to Slow Fiduciary Rule Process
In the end, none of the various proposals moving in Congress around the omnibus appropriation budget deal regarding the fiduciary rule were included.
What to Expect in the New Form 5500
Questions about compliance are optional, at least for now, and plan leakage is a new area of scrutiny.
Changes ‘Could Happen Soon’ to Fiduciary Rule
Lawmakers and industry reps are concerned with where the proposal is heading, what’s in it and how fast it’s moving.
PANC
2015 PLANADVISER National Conference
Value First: Enhancing your profitability and service offering
intro
A Look Back at 2015
When you think back on 2015 and what happened in the retirement plan industry, what will come to mind?
IRS Outlines Familiar Exam Priorities for 2016
Employee plans division leadership at the Internal Revenue Service candidly admits worsening budget constraints are making its job more difficult.
Advice to Slow Leakage Critical Point in Fiduciary Fight
“A phone consultation, an illustration of lost future value, or an example of net take-home after taxes can effectively dissuade participants from accessing retirement funds prematurely,” according to...
Discontent with DOL Proposal Still Simmering
A congressional subcommittee heard testimony on the proposed bipartisan principles that go head to head with the fiduciary proposal.