Labor department/EBSA

Experts dissecting fiduciary rule's carve-outs

Experts dissecting fiduciary rule's carve-outs

Defined contribution industry participants are paying close attention to the carve-outs — exemptions distinguishing non-fiduciary behavior from fiduciary behavior — in the Labor...

May 18, 2015
Labor Department extends fiduciary rule comment period

Labor Department extends fiduciary rule comment period

The Department of Labor will give extra time for public comments on its proposed new fiduciary conflict-of-interest rule.

May 15, 2015 | 05:10 pm
DeAWM petitions DOL for exemption to manage U.S. retirement assets

DeAWM petitions DOL for exemption to manage U.S. retirement assets

Deutsche Asset & Wealth Management, the money management unit of Deutsche Bank, applied to the U.S. Department of Labor for permission to continue providing services to retirement plans after the...

April 28, 2015 | 03:42 pm
DOL's proposed fiduciary rule on advice gets a thumbs-up

DOL's proposed fiduciary rule on advice gets a thumbs-up

Defined contribution industry executives are optimistic that after nearly four years of work and intense debate, the Department of Labor's proposal for updating a 40-year fiduciary standard for...

April 20, 2015
DOL grants BNP Paribas money management exemption

DOL grants BNP Paribas money management exemption

BNP Paribas can continue providing money management services to U.S. retirement plans, despite the parent company's June 2014 guilty plea to violating U.S. sanctions in several countries.

April 15, 2015 | 04:12 pm
DOL's proposal for new fiduciary standard moves to comment period

DOL's proposal for new fiduciary standard moves to comment period

The Department of Labor is moving full steam ahead with a proposed fiduciary standard for anyone giving retirement investment advice after years of retrenching, officials announced Tuesday.

April 14, 2015 | 02:58 pm
DOL, SEC tag-teaming managers on enforcement

DOL, SEC tag-teaming managers on enforcement

Executives at money managers and other financial firms — bracing for new fiduciary standards from both the DOL and SEC — are feeling increasingly double-teamed by the agencies.

April 06, 2015

ERISA Advisory Council to study derisking and lifetime participation

The Department of Labor ERISA Advisory Council will spend 2015 taking an in-depth look at pension fund derisking and lifetime plan participation.

March 23, 2015 | 04:02 pm
Obama puts weight behind push for fiduciary standard

Obama puts weight behind push for fiduciary standard

With President Barack Obama now leading the charge, a multiyear battle to update a fiduciary standard for anyone giving retirement investment advice has defined contribution plan executives and...

March 09, 2015
DC East conference themes focus on litigation, regulation, cybersecurity threats

DC East conference themes focus on litigation, regulation, cybersecurity threats

Litigation, regulation, legislation and some consternation emerged as dominant themes at the annual Pensions & Investments' East Coast Defined Contribution Conference, held March 1-3 in Miami.

March 04, 2015 | 06:53 pm
DC execs expecting big changes from Obama push on fiduciary standard

DC execs expecting big changes from Obama push on fiduciary standard

With President Barack Obama now leading the charge, a multiyear battle to update a fiduciary standard for anyone giving retirement investment advice has defined contribution plan executives and...

March 01, 2015 | 11:30 pm
Obama pushes for new fiduciary standard

Obama pushes for new fiduciary standard

President Barack Obama called for a new fiduciary standard proposal from the Department of Labor to protect middle-class retirement savers that he said are being hurt by some advisers' conflicts of...

February 23, 2015 | 04:14 pm
State private retirement programs get help from president

State private retirement programs get help from president

Private-sector retirement solutions programs at the state level are getting a boost from the White House.

February 23, 2015

U.S. Chamber of Commerce warns of fiduciary rule overkill

A new fiduciary rule proposal expected shortly from the Department of Labor could have negative unintended consequences, said benefits policy experts at a U.S. Chamber of Commerce forum Friday.

February 20, 2015 | 03:46 pm
DOL rule for plan funding notices applies to single-employer plans for first time

DOL rule for plan funding notices applies to single-employer plans for first time

Single-employer defined benefit plan sponsors covered by ERISA have new guidelines for annual funding notices in a final rule published Monday by the Department of Labor's Employee Benefits Security...

February 02, 2015 | 01:37 pm