DOL Provides Temporary Relief for Fiduciaries of Plans with Missing Participants

The Department of Labor this week issued a field assistance bulletin to address the problem of so-called “missing participants”—participants and ...

DOL Finalizes Rule on Proxy Voting

Newsbytes

December 11, 2020

The Department of Labor today issued a final rule formalizing requirements regarding a fiduciary’s proxy voting activity under the Employee ...

ABA Supports DOL Interim Final Rule on Lifetime Income Illustrations

Financial Education

November 17, 2020

The American Bankers Association today expressed support for a recently finalized Department of Labor interim final rule implementing section 203 ...

ABA Urges DOL to Withdraw Proposal on Proxy Voting

Newsbytes

October 5, 2020

The American Bankers Association today urged the Department of Labor to withdraw a recent proposal that would add significant regulatory ...

DOL Issues Interim Final Rule on Lifetime Income Illustrations

Newsbytes

August 18, 2020

The Department of Labor today issued an interim final rule implementing section 203 of the bipartisan Secure Act of 2019 requiring that ...

ABA Supports DOL’s Re-Proposed Fiduciary Rule, Recommends Adjustments

Newsbytes

August 6, 2020

ABA today welcomed the Department of Labor’s long-awaited re-proposal to regulate investment advice fiduciaries under the Employee Retirement Income Security ...

ABA Urges DOL to Withdraw Proposal Limiting ESG Investment

Newsbytes

July 31, 2020

The American Bankers Association this week urged the Department of Labor to withdraw a proposal that would limit pension fiduciaries’ ...

DOL Proposes Rule on ESG Investing in Pension Plans

Newsbytes

July 1, 2020

With interest around sustainable investing—sometimes referred to as environmental, social and governance (or ESG) investing—on the rise, the Department of ...

Labor Department Re-Proposes Fiduciary Rule, Proposes Class Exemption

Newsbytes

June 29, 2020

The Department of Labor today issued its long-awaited re-proposal to regulate investment advice fiduciaries under the Employee Retirement Income Security ...