Labor department/EBSA

BNP Paribas seeks asset management exemption from DOL

BNP Paribas seeks asset management exemption from DOL

BNP Paribas Investment Partners is seeking a regulatory exemption from the Department of Labor to retain its QPAM status to manage retirement plan assets.

July 02, 2014 | 03:26 pm
DOL fee-disclosure guide upsetting DC record keepers

DOL fee-disclosure guide upsetting DC record keepers

Members of the defined contribution industry have had three months to try to digest a Department of Labor proposed rule on fee disclosure, and many of them are choking on it.

June 23, 2014

Labor Department proposal all about location

The Department of Labor has proposed that service providers create a guide for defined contribution plans to identify where fee-disclosure information is located.

June 23, 2014
Rocaton system distills Form 5500 data

Rocaton system distills Form 5500 data

Have you absolutely had it with navigating your way through Department of Labor Form 5500 filings in search of information about U.S. corporate pension funds?

June 23, 2014

ERISA Advisory Council nominations sought

The Department of Labor is looking for people to serve on its ERISA Advisory Council.

June 06, 2014 | 04:22 pm

GreatBanc settles improper ESOP valuation case

GreatBanc Trust Co. agreed to pay $5.25 million to settle charges of improper valuation of the Sierra Aluminum Co. employee stock ownership plan.

June 03, 2014 | 05:42 pm
Credit Suisse awaits DOL asset manager exemption

Credit Suisse awaits DOL asset manager exemption

Credit Suisse is seeking permission to continue providing asset management services to retirement plans, after its banking entity pleaded guilty to helping U.S. citizens avoid taxes overseas.

June 02, 2014 | 03:47 pm
DOL fiduciary rule delayed until 2015

DOL fiduciary rule delayed until 2015

A proposed rule updating the definition of a fiduciary will not come out in 2014, according to the Department of Labor regulatory agenda published May 23 in the Federal Register.

May 27, 2014 | 04:05 pm

ERISA Industry Committee wants large DC plans exempt from fee-disclosure proposals

The ERISA Industry Committee on Monday asked the Department of Labor to exclude large defined contribution plans from requirements in proposed regulations governing a guide to DC-plan fee disclosure.

May 12, 2014 | 05:17 pm
ERISA Advisory Council to look at outsourcing and shift to a “non-ERISA” world in 2014

ERISA Advisory Council to look at outsourcing and shift to a “non-ERISA” world in 2014

Department of Labor ERISA Advisory Council voted Wednesday to spend 2014 investigating outsourcing best practices for plan sponsors and the shift from retirement plans covered by the Employee...

March 26, 2014 | 06:18 pm

Changes announced for ERISA Advisory Council

Secretary of Labor Thomas Perez named five new members of the Department of Labor ERISA Advisory Council.

March 12, 2014 | 05:29 pm
DOL proposes 401(k) plan fee-disclosure guide

DOL proposes 401(k) plan fee-disclosure guide

The Department of Labor Tuesday proposed a guide for navigating information provided by service providers, in an effort to help plan executives and fiduciaries of 401(k) defined contribution plans...

March 11, 2014 | 02:33 pm
DC East speakers tout importance of education, communication

DC East speakers tout importance of education, communication

Success in achieving defined contribution plan goals can rely as much on how plan executives and service providers communicate as to what investment options they offer, plan designs they prepare, and ...

March 05, 2014 | 05:30 pm

Labor Department recovers Revstone subsidiary’s pension fund assets

The Department of Labor has recovered $490,594 in defined benefit plan assets from Madison Heights, Mich.-based manufacturer Fourslides Inc., one of two subsidiaries of Revstone Industries LLC.

February 05, 2014 | 04:06 pm
Universal retirement legislation submitted by Harkin

Universal retirement legislation submitted by Harkin

Sen. Tom Harkin, D-Iowa, introduced legislation Thursday that would make universal retirement coverage available to an estimated 75 million Americans who are without access to workplace retirement...

January 30, 2014 | 09:10 am