Regulation

The department withdrew two guidance letters which seek to limit instances of misclassification of employees and expand cases in which a business might be considered a joint employer of a worker.

People underestimate the involvement of human professionals in digital investment services, says Betterment’s Seth Rosenbloom.

Retirement and welfare plans are not subject to DOL regulation, reversing three appellate decisions on the matter.

Lawsuits against Cigna self-insured plans for alleged fraudulent behavior is a warning for employers that there will be more, says attorney Brenna A. Davenport.

An alternative is a hybrid long-term-care policy with features of traditional LTC insurance and cash-value life coverage that grows over time.

A substantial watering-down of the protections in the rule is possible, says Carol Buckmann, so the ultimate status of the new regulation is still in question.

Employers and trade groups are monitoring congressional talk reexamining the tax-favored standing of workplace savings plans.

With the regulation now in effect, there are a number of things plan sponsors should do, including knowing if their adviser is a fiduciary or has conflicts of interest.

Given the range of personnel who will be expected to understand the law, advance planning by employers will be critical.

With the regulation now in effect, there are a number of things plan sponsors should do, including knowing if their adviser is a fiduciary or has conflicts of interest.