Tag: Rules & Regs

The Department of Labor’s Employee Benefits Security Administration made a technical correction to the recently released Field Assistance Bulletin No. 2012-02.

Some retirement plan sponsors mistakenly believe their fiduciary liability ended when the company doors closed.

 The Department of Labor filed a complaint against Matthew Hutcheson of Eagle, Idaho, an independent fiduciary and plan trustee, for a violation of the Employee Retirement Income Security...

Fiduciary Plan Governance LLC released a product to help assist with the burden and risk of new fee disclosure requirements.

Recent fee disclosure guidance addresses some unanswered questions for 403(b) plans.

The Department of Labor’s Employee Benefits Security Administration (EBSA) scheduled two “Getting it Right: Know Your Fiduciary Responsibilities” seminars.

The American Society of Pension Professionals & Actuaries (ASPPA) applauded efforts by the Internal Revenue Service (IRS) to help ensure lifetime income for Americans.

The Department of Labor’s Employee Benefits Security Administration (EBSA) issued frequently asked questions about the requirements of new participant fee disclosure rules.  

A certification program for ERISA 3(38) for advisers was initiated by Rosenbaum Law Firm and DALBAR Inc.

The ERISA Industry Committee (ERIC) says it welcomes proposals by the Treasury Department to remove regulatory barriers to lifetime income options.

A Japanese company that acquired the now-defunct Metaldyne Corporation may be found liable for termination premiums for Metaldyne’s pension plan.

The Department of Labor (DOL) is hosting “Getting It Right – Know Your Fiduciary Responsibilities” in Dallas on May 22.

An employer cannot use the Employee Retirement Income Security Act’s provisions to terminate benefit payments under a deferred compensation agreement.

 The attorneys and securities compliance consultants at Warner Norcross and Judd LLP, a Michigan law firm, started a blog for broker/dealers, advisers and private investment funds.   

Cambridge Investment Research Inc. selected Fiduciary Benchmarks to meet ERISA’s 408(b)2 disclosure regulations, slated to go into effect July 1.  

Alliance Benefit Group (ABG) asked the Department of Labor to clarify certain aspects of the participant fee disclosure regulations that go into effect this summer.

A coalition of organizations asked the Department of Labor (DOL) to institute a one-year transition period to comply with new fee disclosure regulations.  

Castle Rock Investment Company is hosting a working lunch to discuss new fee disclosure rules.

Two California Assembly bills that would have imposed taxes on a variety of services, including services from financial advisers, were amended.  

 The Centre for Fiduciary Excellence (CEFEX) will expand its assessment guidelines for retirement plan sponsors, financial advisers and recordkeepers.