Tag: Legislation

The Senate’s Health, Education, Labor and Pensions (HELP) Committee advanced a bill seeking to better define rules for protecting pension assets when companies downsize or close.

New Securities and Exchange Commission (SEC) rule amendments establish structural and operational reforms aimed at addressing “run risks” in money market funds.

The Defined Contribution Institutional Investment Association (DCIIA) encourages plan sponsors and advisers to take steps to provide lifetime income solutions to their retirement plan participants based on new...

Several proposed tax reforms would restructure how retirement vehicles are taxed and could negatively impact retirement plans in a number of ways.

Retirement plan sponsors and advisers should become familiar with laws covering employees who have served, or are serving, in the military to ensure compliance with plan administration rules,...

Now that the White House has taken a hand in the redrafting process, it’s anyone’s guess whether the Department of Labor (DOL) will come out with a proposal...

The Internal Revenue Service (IRS) has moved back the date of a phone forum on same-gender couples and retirement plans to July 17.

The Government Accountability Office (GAO) is recommending that regulators consider modifying Form 5500 plan investment and service provider fee information.

Same-gender couples with children are emerging leaders when it comes to family financial stability and successful long-term planning, according to a new analysis from financial services provider Allianz.

Two U.S. Senators have introduced the Retirement and Income Security (RAISE) Act.

House Ways and Means Committee members introduced legislation designed to spur more employee-ownership in private industry.

In a report sent to Congress and the Department of Labor, the Massachusetts Securities Division (MSD) is asking for improved disclosures to retirement plan participants of company match...

An upcoming phone forum hosted by the Internal Revenue Service (IRS) will cover updates to retirement plans to reflect the agency's guidance regarding same-gender marriages.

The Internal Revenue Service (IRS) announced safe harbor retirement plans can be amended mid-year for changes relating to language about same-gender marriages.

The expansion of the fiduciary definition proposed by the Department of Labor (DOL) could potentially impede the ability of small businesses to offer employees retirement plans, says a...

The Internal Revenue Service (IRS) is providing penalty relief for certain late filers of Form 5500.

In an open letter to the Department of Labor (DOL), the RAC contends the regulator’s proposed methodology for assessing the impact of 408(b)(2) fee regulations is flawed.

Recent guidance from the Securities and Exchange Commission (SEC) on social media use in adviser advertising is helpful, says one compliance services provider, but the update leaves questions...

The common law of attorney-client privilege is intended to enable clients to speak with their attorneys in trusted confidence about work-related issues.

A recent survey report from the North American Securities Administrators Association (NASAA) finds a wide disparity in how broker/dealers and other financial services providers disclose fee charges.