DOL's New Rule on ERISA Investment Duties and Its Relationship to ...

DOL ERISA Fiduciaries Investment Duties Final Rule and its Impact

The Final Rule clarifies that ERISA's duty of loyalty, which requires a fiduciary to act solely in the interest of plan participants and ...

DOL Finalizes ESG, Proxy Voting Regulation | Groom Law Group

The first (summarized here) amended DOL's long-standing “investment duties” regulation to, among other things, codify certain principles ...

New DOL Fiduciary Rule: Top 5 Facts Advisers Should Know

ERISA experts from Faegre Drinker Biddle & Reath provide guidance to registered investment advisers on the DOL's new Retirement Security ...

DOL Final Rule Continues to Discourage ESG Investments by ...

The U.S. Department of Labor (the “DOL”) recently issued a final regulation (the “Final Rule”) under the Employee Retirement Income Security ...

Callan Analyzes New DOL Proposal on ESG in ERISA Plans

In general, the DOL rule seems intended to create a larger hurdle to incorporating ESG factors into ERISA plan investments. Background. In the proposed rule, ...

DOL's New Rule Restricts Non-Financial (ESG) Factor Investment ...

The final rule codifies the DOL's long-held position that a fiduciary satisfies its duties of prudence and loyalty under ERISA when it has “ ...

The Department of Labor Proposes Its New Fiduciary Rule - Verrill

On October 31, 2023, the Department of Labor published a new proposed regulation (the “Proposed Rule”) defining “investment advice” for ...

Insights on the Department of Labor's new fiduciary investment ...

In 2016, the Department of Labor (DOL) issued a new fiduciary rule that broadened the definition of fiduciary investment advice to better ...

DOL Releases New ESG Guidance - captrust

This rule amends certain provisions of the investment duties regulation applicable to plans covered by the Employee Retirement Income Security Act (ERISA) by ...

US Department of Labor Puts ESG Investing on Ice

... rule amending ERISA, the DOL makes financial factors paramount in a fiduciary's responsibility to investors ... investment duties” regulation ...

DOL has a new vision for ESG: Which stakeholders need to take ...

As discussed above, the DOL's rule could be viewed as affecting ESG investment factors applied to even non-ESG funds. In-house ERISA fiduciaries ...

New DOL Guidance on ESG Factors in ERISA Plan Investments

It also stated that the DOL “continues to believe that the likelihood that a plan fiduciary will be unable to distinguish between two investment options based ...

New DOL Fiduciary Rule Proposal: Still the Same Old Act…

ERISA fiduciaries were generally prohibited from receiving compensation for such investment advice from third parties dealing with a plan, ...

DOL finalizes broad 'retirement security rule' - Journal of Accountancy

The DOL's new rule widens the situations in which a ... (ERISA) and thus owes duties of prudence and loyalty to retirement investors.

U.S. Department of Labor Proposes ESG-Related Updates to the ...

U.S. Department of Labor Proposes ESG-Related Updates to the ERISA Investment Duties Regulation · Proposal Would Permit ERISA Pension Plan ...

DOL's ESG rule running into political headwinds

The new rule — Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights — took effect Jan. 30 and allows ERISA ...

Department of Labor Releases Final Investment Advice Fiduciary Rule

On April 23, the Department of Labor (DOL) released its final Retirement Security Rule—also called the Fiduciary Rule—that it said will “protect ...

DOL redefines investment advice fiduciary, again - A&O Shearman

The U.S. Department of Labor (“DOL”) published (1) its final fiduciary rule (the “Final Rule”), expanding the scope of investment advice ...

Department of Labor's Rule for ESG Investment Hasn't Changed ...

In Wisconsin and Texas district courts, plaintiffs are suing government officials to block the Department of Labor's new rule on ERISA ...

Department of Labor Issues Proposed Rule on ESG Investing

ERISA requires that plan fiduciaries act “solely” in the interest of plan participants and beneficiaries and for the “exclusive purpose” of ...