fiduciary issues

DOL Issues Compliance Release on Cryptocurrencies

The DOL has issued Compliance Assistance Release 2022-01 on the use of cryptocurrencies as plan investments in 401(k) plans.

FuturePlan ERISA Team

DOL

Fiduciary Issues

DOL Issues “Supplemental Statement” to 2020 Information Letter

The Department of Labor’s Employee Benefit Security Administration (EBSA) has issued a supplemental statement to a June 2020 Information Letter.

FuturePlan ERISA Team

Defined Benefit Plan

Defined Contribution Plan

DOL

Fiduciary Issues

DOL Announces New Temporary Enforcement Policy

The DOL has extended the transitional relief under FAB 2018-02 and provided additional temporary non-enforcement guidance related to specific provisions of PTE 2020-02 in FAB 2021-02.

FuturePlan ERISA Team

DOL

Fiduciary Issues

DOL Flips Script with ESG Proposal

The Department of Labor (DOL) has issued a proposed rule, “Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights.”

FuturePlan ERISA Team

DOL

Fiduciary Issues

Executive Order Includes Review of ESG Factors

Last week, President Biden issued an Executive Order on Climate-Related Financial Risk.

FuturePlan ERISA Team

Defined Contribution Plan

DOL

Fiduciary Issues

DOL Releases Additional Investment Advice Guidance

This latest DOL guidance package presents helpful information in a more understandable format.

FuturePlan ERISA Team

Retirement Spotlight

DOL

Defined Contribution Plan

Defined Benefit Plan

Fiduciary Issues

Department of Labor Releases Cybersecurity Guidance

On April 14, the DOL’s (EBSA) issued—for the first time—guidance on best practices for maintaining cybersecurity.

FuturePlan ERISA Team

Washington Pulse

DOL

Defined Contribution Plan

Defined Benefit Plan

Fiduciary Issues

Additional Prohibited Transaction Exemption Guidance

The Department of Labor (DOL) has issued two pieces of guidance on its new fiduciary advice prohibited transaction exemption, PTE 2020-02.

FuturePlan ERISA Team

Defined Contribution Plan

DOL

Fiduciary Issues

IRA

DOL Releases Cybersecurity Guidance for Plan Sponsors

The DOL’s Employee Benefits Security Administration today released a three-part guidance package on cybersecurity for plan sponsors, plan fiduciaries, service providers, and participants.

FuturePlan ERISA Team

Defined Contribution Plan

DOL

Fiduciary Issues

IRA

DOL Announces Non-Enforcement of ESG and Proxy Rules

The Department of Labor (DOL) has issued a statement that it will not enforce two final rules that were issued late in 2020. 

FuturePlan ERISA Team

Defined Contribution Plan

DOL

Fiduciary Issues

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