DOL Advises

Exploring the New DOL Fiduciary Investment Advice Rule

The New DOL Fiduciary Investment Rule would, if it survives judicial scrutiny, redefine “fiduciary” investment advice to ERISA plans and individual retirement ...

How this new rule protects retirement savers from costly advice

The Labor Department expanded a rule that requires financial professionals to act in your best interest when providing retirement investment advice.

The U.S. Department of Labor Finalizes its Most Recent Definition of ...

Key provisions and aspects of the 2024 Fiduciary Rule are as follows: A person is an investment advice fiduciary under Title I and Title II of ...

DOL Advises on LCA's and Muliple Worksite Locations

In addition, ' ____.730(c)(2)(iii) provides that an employer may file a single LCA for more than one place of employment only if "[t]he ...

Halloween 2023: DOL Fiduciary Rule Returns from the Dead

Of particular note, and consistent with the DOL's efforts to change its investment advice rule over the past decade, the proposed rule could ...

DOL Investment Advice Rule suspended - WTW

The U.S. DOL's Investment Advice Rule, which updates when a person is treated as an investment advice fiduciary, has been suspended.

A New DOL Rule May Change How Advisors Handle Your ...

The new investment advice fiduciary rule will require all advisors who are working with retirement savings options to follow a fiduciary ...

DOL Warns Employee Benefit Plan Administrators About Audit Errors

In November of 2015, sponsors of audited employee benefit plans received a letter from the Department of Labor notifying them that over 40% of all audits.

DOL Releases First FAQs for New Fiduciary Rule - My RIA Lawyer

FAQ 3: The BIC Exemption is intended to be broadly available for advisers and financial institutions that provide investment advice to retail investors such as ...

Labor Department Provides Employers with New 10-Step Roadmap ...

The guidance recommends you collect information from your vendors about the AI hiring technology you plan to deploy. This critical for any third ...

The New Fiduciary Rule (35): The Education Exception - Fred Reish

The DOL's final regulation defining non-discretionary fiduciary advice will be effective on September 23 of this year.

OFLC Frequently Asked Questions and Answers

The Department advises employers to consult the United States Department ... Note: Additional guidance about the 2016 DOL Appropriations ...

The Data Made Me Do It: New DOL guidance warns employers to ...

The DOL recommends that employers: (a) adopt policies regulating the implementation and use of AI; (b) provide training on AI systems, including ...

The DOL's Final Fiduciary Rule Is Here. See What's Inside! - Forbes

This landmark rule aims to safeguard the interests of retirement savers by redefining the investment advice fiduciary under the Employee Retirement Income ...

DOL “Investment Advice” FAQs: Considerations for ... - Dechert LLP

The FAQs indicate that the BIC Exemption is available for investment advice to roll over a retirement account to an IRA, provided that: (i) the ...

New DOL Fiduciary Rule | CLE Webinar - Strafford

This CLE webinar will guide employee benefits counsel in understanding the practical implications for retirement plan sponsors, advisers and ...

401(k) Advice Rule That Wall Street Opposes Paused by Judge (2)

A US Labor Department rule that classifies more retirement advice providers as fiduciaries has been temporarily blocked by a Texas federal judge.

Regulation of Retail Investment Advice - Morgan Lewis

DOL Investment Advice Standards 4.0 - Final Rule and Amendment Redlines · DOL Final Amendment to PTE 84-14, the “QPAM Exemption”: Sample DOL Section 1(K) ...

DOL Delays Enforcement of Fiduciary Investment Advice Exemption

21, 2021, through Jan. 31, 2022, the department will not pursue prohibited transaction claims against investment advice fiduciaries who are “ ...

What You Should Know About COVID-19 and the ADA, the ...

Because changes in such guidance may impact the legal assessments made under Title I of the ADA and other EEO laws, as discussed below, the EEOC recommends that ...