EBSA Nominee Rutledge Advances Through Senate Help Committee
Preston Rutledge seems to be enjoying relatively little opposition as he moves closer to becoming the Assistant Secretary of Labor...
Tag: EBSA
Trump Eying Top Aide to Sen. Hatch for Lead EBSA Role
The future head of EBSA would play a substantial role in the fate of the fiduciary rule.
Actuaries Propose Simplified Pension Funding Notices
The Annual Funding Notice requirements implemented by the Pension Protection Act have been somewhat helpful but could be significantly improved,...
Regulators Have Big Agendas Still for 2017
On the IRS’ list are rules and guidance for which it still plans to issue a Notice of Proposed Rulemaking...
Trustee Found Liable for Diversification Failures
At various times between 2006 and 2009, according to EBSA findings, the plan was 100% invested in stock warrants.
Business Owner Pleads Guilty to Theft From 401(k) Plan
The business owner tried to blame other employees until she met with a DOL investigator.
Stiff Prison Sentence After EBSA Fraud Investigation
EBSA says investors’ dollars, including ERISA-covered assets, were diverted to pay for home renovations, personal credit card payments and mortgage...
(b)lines Ask the Experts – Must Form 8955-SSA Be Filed Electronically?
“I have received conflicting information as to whether Form 8955-SSA is required to be filed electronically. Can the Experts clarify?”
Labor Secretary Says SEC Will Work With DOL on Fiduciary Rule
In addition, Acosta said the DOL’s budget proposal funds an effort to improve ERISA disclosures to retirement plan participants.
DOL Officially Pulls Back Final Rules for Government-Run Plans
The agency says resolutions passed by the president invalidate its earlier final rules.
Sponsor Admits Embezzlement of Plan Dollars
The plan sponsor was criminally prosecuted and pled guilty to embezzlement in June 2016; she was ordered by EBSA to...
PSNC 2017: An Inside View of the DOL
The Department of Labor is still looking for ways to streamline and improve its new fiduciary rule, even though most...
PSNC 2017: Fixing Your Mistakes—Correcting the Most Common Plan Errors
What errors do plan sponsors make most often, and what programs are available to fix them?
DOL Fiduciary Responsibilities Seminar to Be Held in Cleveland
The DOL notes that complying with all fiduciary responsibilities can be especially challenging for small and medium-sized employers who have...
DOL Brings Fiduciary Responsibility Seminar to Illinois
The seminar will take a focus on fiduciary oversight, as well as protecting workers’ benefits.
DOL Investigating 3M Pension Plan
The DOL stated its investigation relates to certain private equity investments, plan expenses, securities lending, and distributions of plan benefits.
Labor Secretary Confirmation Could Bring Fiduciary Clarity
Andrew Acosta’s appointment as Secretary of Labor was more or less a non-event from the perspective of the wider media...
DOL Asks to Initiate Surveys About Retirement Strategies
The agency says gaining additional insight into Americans’ decisionmaking processes and experiences will “provide policymakers and the research community with...
DOL Investigation Results in Plan Restorations
Department of Labor investigators secured a judgement restoring more than $40,000 to plan participants working for a Michigan tire manufacturer.
DOL to Hold Fiduciary Responsibilities Seminar in Maryland
The seminar aims at increasing awareness and understanding fiduciary duties when operating a retirement plan.