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The DOL this week published its highly anticipated proposed rule to expand the types of retirement advice covered by fiduciary protections. What will that mean for advisers and their employer clients?
April 16 -
Commentary: Yes, employers can distribute plan documents electronically, but they must follow the rules, and dont assume intranet posting is enough because it is not.
April 2 -
Commentary: There isn't one right answer to what a plan should look like, but theres no harm in asking around to see what other employers consider reasonable.
March 26 -
Commentary: Self-policing, self-reporting and self-correcting before there is an investigation gives plan sponsors and administrators a better opportunity to control the costs and mechanisms of the corrective process.
March 26 -
Commentary: Employers who start revising their FMLA policies to address this change should also use it as an opportunity to review their benefit plan language to make sure it accurately reflects the updated definition.
March 19 -
The 6th Circuit recently reversed Rochow v. Life Ins. Co. of N. America in an en banc opinion. The new decision determined that unless there is a showing that that the remedy for denial of benefits under 502(a)(1)(B) is inadequate to make plaintiff whole, equitable relief under Section 502(a)(3) is unavailable.
March 12 -
Plan sponsors need to know their definition of domestic partners, how to verify their status and how they apply the plan terms.
February 26 -
Back in November, the DOL issued FAQ Part 22, which directly addresses some recent efforts by employers to reimburse employees for participation in the exchange through Code Section 105, or through some type of other arrangement.
February 26 -
Good recordkeeping is important to avoid paying for benefits for ineligible recipients.
February 5 -
Good recordkeeping is important to avoid paying for benefits for ineligible recipients.
February 5