The U.S. Department of Labor (the “DOL”) recently released an information letter that concludes, if certain conditions are met, a plan fiduciary will not violate his fiduciary duties under the Employee Retirement Income...more
7/16/2020
/ 401k ,
404(c) Plans ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Fiduciary Duty ,
Information Letters ,
Investment ,
Investment Adviser ,
Investment Management ,
Private Equity ,
Private Equity Funds ,
Retirement Plan
On December 20, 2019, President Trump signed the Further Consolidated Appropriations Act, 2020 (the “Appropriations Act”) that includes the “Setting Every Community Up for Retirement Enhancement Act of 2019” (the “SECURE...more
12/27/2019
/ 401k ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Individual Retirement Account (IRA) ,
Inherited IRA ,
Investment Management ,
Multiple Employer Plan (MEP) ,
Retirement ,
Retirement Plan ,
Safe Harbors ,
SECURE Act ,
Tax Credits
On April 23, 2018, the U.S. Department of Labor (the “DOL”) released Field Assistance Bulletin No. 2018-01 (“FAB 2018-01”) which provides guidance regarding (1) the exercise of shareholder rights and written statements of...more
On December 29, 2016, the U.S. Department of Labor (the “DOL”) released Interpretive Bulletin 2016-1 (“IB 2016-1”) relating to the voting of proxies on securities held in employee benefit plans. IB 2016-1 withdraws the...more
1/20/2017
/ Benefit Plan Sponsors ,
Defined Benefit Plans ,
Department of Labor (DOL) ,
Directed Trustees ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employee Stock Purchase Rights ,
Fiduciary Duty ,
Interpretive Opinions ,
Investment Management ,
Investment Policy Statements ,
Profit Sharing ,
Proxy Voting Guidelines ,
Qualified Benefit Plans