Benefits Think The fiduciary rule: Now that it’s here, what comes next?
Carol Buckmann is a partner at Cohen & Buckmann PC who previously practiced with major law firms. She has worked as an attorney in the employee benefits field for over 30 years.
Carol Buckmann is a partner at Cohen & Buckmann PC who previously practiced with major law firms. She has worked as an attorney in the employee benefits field for over 30 years.
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The Department of Labor issued a safe harbor rule protecting benefit leaders as they navigate the added risk to retirement planning.
Whoever wins the White House and controls Congress is likely to affect important issues tied to compensation and healthcare.
Employers and employees are preparing for significant changes in the benefits landscape in the coming years.
Much has been written recently about the increased scrutiny of employer's fiduciary responsibility related to the health and welfare plans offered to their employees.
The court filings seek to overturn two injunctions federal courts imposed after finding the Department of Labor's new conduct standard is too similar to a previous one vacated in 2018.