Topic: department of labor

Employee Benefits Plans: DOL Revises 401(k), ERISA Rules

em While you were working, the Department of Labor changed the rules governing disclosure of fees and providing investment advice to participants in ERISA, 401(k), and other retirement plans. For your reference, here’s a roundup of commentary and analysis on the DOL’s revised regulations, from lawyers and law firms on JD Supra: On Investment Advice… Read more »

The Definition of Fiduciary: Back to the DOL Drawing Board

“Democrat and Republican lawmakers don’t agree on much, but many of them have protested to the [Department of Labor] about this fiduciary definition change because Wall Street money does go a long way.” (From The Changing Definition of Plan Fiduciary and Why Plan Sponsors Should Care by The Rosenbaum Law Firm P.C.)  Under intense pressure… Read more »