Washington Update
Rules & Regulations
Summaries of the latest news from Washington and the courts—what's coming, what's contemplated and what's critical for plan sponsors to know.
Reported by PLANSPONSOR staff
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New DOL Proposal Would Allow Fiduciaries to Self-Correct Certain Errors
If certain conditions are met, the proposal would allow fiduciaries to correct mistakes themselves without incurring a civil penalty.
ESG Is Now Permissible, But Not Required, Under ERISA
The DOL rule is designed to reduce legal uncertainty and obstacles to ESG investment.
Public Hearing Exposes Discord on QPAM Rule Implementation
A DOL public hearing held Thursday on the new QPAM Rule proposal highlighted concerns about foreign convictions and non-prosecution agreements...