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Tag: fiduciary

DOL cracks down on employer 401(k) issues

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The Department of Labor website is overflowing with cases of regulators taking action against employers accused of mishandling employee benefit plans.

DOL Expands Definition of ‘Fiduciary’

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ERISA Source: PLANSPONSOR By Judy Ward For the first time in a generation, the Labor Department has taken another crack at the definition of a fiduciary under the Employee Retirement Income Security Act (ERISA). The proposed rule was unveiled today by the Department of Labor (DoL), which noted that its adoption “would protect beneficiaries of … Continued

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