DoL

The DOL’s April 2017 deadline means employers should start familiarizing themselves now with their responsibilities under the new regulations.

The DOL’s April 2017 deadline means employers should start familiarizing themselves now with their responsibilities under the new regulations.

A closer reading of it sends a clear signal to plan sponsors that they should aim to keep participants invested in a qualified defined contribution plan throughout their working lives.

With reporting requirements soaring, brokers are turning to their own regulatory division to help clients, says Richard Asensio, director of compliance at Burnham Benefits.

A closer reading of it sends a clear, if unstated, signal to plan sponsors that they should aim to keep participants invested in a qualified defined contribution plan throughout their working lives, according to Retirement Clearinghouse’s Spencer Williams.

Pension plans and welfare plan all store personal data on each participant and beneficiary, ranging from social security numbers and addresses to date of birth and health information. The more immediate and available personal data becomes, the greater the risk for a potential breach or unauthorized disclosure or access, as is evident from the cyber attacks on major retail operations, health care providers and the government.

Employers looking to minimize DB program risks should consider market-return cash balance plans, according to October Three Consulting’s Larry Sher.

Advisers and their clients have to start planning now to ensure they are prepared for the HSA fiduciary rules taking effect in two years.

Employers looking to minimize DB program risks should consider market-return cash balance plans, according to October Three Consulting’s Larry Sher.

ACA reporting requirements have brought increased scrutiny of employer-sponsored healthcare plans and the government is largely expected to respond to red flags through audits.

EEOC and other agencies say enforcing equal pay laws and eliminating barriers in recruiting and hiring practices are among several strategic enforcement priorities.

Brokers should review account fee arrangements, among other actions, as they prepare for DOL’s new regulation.

The Department has stepped up employer compliance checks, for which brokers should be prepared, according to Zynia CEO Julie Hulsey.

The DOL’s rule is good news for plan sponsors, but many are still confused, says registered investment adviser Robert Lawton.

Determining what is actually ‘in the best interest’ of a client is a gray area that may mean a greater risk of litigation for advisers and higher fees for small investors.

Recent joint-employer rules could make companies think twice about various staffing arrangements and the use of contractors.

Determining what is actually ‘in the best interest of the client’ is a gray area that may mean a greater risk of litigation for advisers and higher fees for small investors.

New joint-employer rules will make companies think twice about staffing arrangements and the use of independent contractors.

Retirement plan advisers must rethink how they work and get paid, according to benefits attorneys and industry insiders.

Retirement plan advisers must rethink how they get paid, which could lead to a leveling of costs for plan sponsors.