The Department of Labor on Monday delayed implementation of an investment advice rule that had been set for December, granting additional breathing room the financial industry had sought to prepare for the new regulation. The DOL said that it wouldn’t ...

A proposed rule issued Wednesday by the DOL bodes extremely well for ESG investment managers, especially because the regulator clarified that target-date funds and other default products that use the investment criteria are permissible in 401(k)s. In its proposed rule, ...

Delaying the implementation of a Department of Labor investment advice rule would likely benefit small advisory firms grappling with the regulation, a former DOL official said. Ten financial trade associations wrote to the DOL Wednesday requesting more time to prepare ...

A proposed regulatory change published Wednesday by the Department of Labor would seriously limit the appeal of a forthcoming group retirement plan model that the industry has been eagerly awaiting. The group-of-plans model, an alternative to pooled employer plans that ...

Employers are increasingly aware of the cybersecurity threats facing their 401(k) plans, and some are seeking insurance coverage specifically for that. It’s an issue the Department of Labor is watching. Earlier this year the regulator issued guidance for plan fiduciaries, ...

The DOL recently began asking retirement plan sponsors to address the issue of uncashed distribution checks, according to one law firm. Multiple clients of the firm have received letters from the Department of Labor alerting them about uncashed checks issued ...

The $35.4 trillion in total retirement assets in the U.S. are at risk of account takeovers and fraud as cybercriminals have been actively targeting retirement savings, according to the Spark Institute. On Wednesday, the retirement organization’s data security oversight board ...