On April 1, 2026, the U.S. Department of Labor (DOL) published a technical release indicating that proxy advisory firms may meet the definition of an investment fiduciary and fall subject to the Employee Retirement Income...more
4/17/2026
/ Benefit Plan Sponsors ,
Corporate Counsel ,
Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
Environmental Social & Governance (ESG) ,
Fiduciary ,
Fiduciary Duty ,
Multi-Factor Test ,
New Guidance ,
Proxy Advisory Firms ,
Proxy Voting ,
Retirement Plan ,
Trump Administration
On December 23, 2025, three federal agencies released a proposed rule to make costs more transparent in health plans. The proposal aligns with an executive order that President Donald Trump issued in February 2025 to enforce...more
What has changed with the U.S. Department of Labor’s (DOL) final regulations and certain prohibited transaction exemptions (PTEs)? Is it really that bad even for plan sponsors, as we hear from the many critics of the DOL’s...more
5/7/2024
/ Benefit Plan Sponsors ,
Best Interest Standard ,
Conflicts of Interest ,
Department of Labor (DOL) ,
Employee Retirement Income Security Act (ERISA) ,
Exemptions ,
Fiduciary ,
Fiduciary Rule ,
Internal Revenue Code (IRC) ,
Investment Adviser ,
Prohibited Transactions ,
QPAM ,
Securities and Exchange Commission (SEC)