DOL
Get the latest news and insights on the Department of Labor's moves around the fiduciary rule, other financial regulations, enforcement actions and more.
DOL’s Borzi: Lawmakers Can’t Hold Back Fiduciary Plan
By Melanie WaddellEfforts by members of Congress to slow the DOLs reproposal of its fiduciary rule will have little to no effect, Phyllis Borzi, assistant secretary of DOLs Employee Benefits Security Administration, said Tuesday.
May 23, 2013
House Measure to Slow Fiduciary Rulemaking Poses Little Threat: Industry OfficialsA discussion draft introduced Thursday designed to stymie efforts by the SEC and DOL to craft fiduciary rules will prove to be of little consequence, fi360's Duane Thompson and other experts said.
May 07, 2013
DOL seeking input on income illustrations rulesOne rule would require a participants accrued benefits to be listed as an estimated lifetime stream of payments.
May 07, 2013
DOL seeking input on income illustrations rulesOne rule would require a participants accrued benefits to be listed as an estimated lifetime stream of payments.
May 07, 2013
DOL Seeks Input on Lifetime Income Illustrations PlanWe are looking for the best ideas on how to show people what their lump-sum retirement savings look like when they are spread out over all the years of retirement, said Phyllis Borzi.
April 04, 2013
A checklist of 401(k) fiduciary responsibilitiesThe DOL doesnt want it to be a secret, so it spells out exactly what it expects from the 401(k) plan sponsor and any other fiduciary.
April 03, 2013
Does fiduciary coverage for rollovers lie ahead?The GAO said the DOL and IRS should reduce the waiting period to roll over into a 401(k) plan and improve the asset verification process.
March 28, 2013
Black Caucus Members Balk at DOL Fiduciary RuleThe Congressional Black Caucus is warning the DOL that its plan to extend ERISAs fiduciary standard to IRAs will hurt African-American savers.