by admin | Nov 13, 2020 | Plan Sponsors, Regulations
On November 13, 2020, the DOL issued final regulation, to promulgate principles of fiduciary standards for selecting and monitoring investments, and set forth the scope of fiduciary duties surrounding nonpecuniary issues. The final rule makes five major amendments to...
by admin | Aug 18, 2020 | Plan Sponsors, Regulations
The Department of Labor’s Employee Benefits Security Administration (EBSA) announced an interim final rule (IFR) for administrators of defined contribution retirement plans, such as 401(k) plans. EBSA is issuing the rule in response to the Setting Every Community Up...
by admin | Feb 18, 2020 | Institutions, Opinions, Plan Sponsors
In today’s ever digitized world, we do not only have to protect our natural selves but also our digital selves. Maintaining confidentiality and privacy protection are not only an individual’s responsibility but are the shared responsibility of employers and plan...
by admin | Nov 17, 2019 | Institutions, Opinions, Plan Sponsors
With a rapidly digitizing world and with constant threats on cyber security with information theft, ownership of data and data permissioning will increasingly become a topic of focus, and evolving and new regulations are needed. For now, it is the role of the plan...
by admin | Mar 3, 2019 | Institutions, Regulations
In its thirst to maintain and grow assets under administration in an increasingly competitive and dwindling fee environment, a recordkeeper must find a balance between the services it offers and the overall (direct and indirect) revenue generated in support of such...