The DOL today issued its much-anticipated rule for the use of ESG investments in retirement plans, effectively walking back two Trump-era rules that were finalized last year. In the single rule proposal, “Prudence and Loyalty in Selecting Plan Investments and ...

The Department of Labor recently closed an 18-year-old case it has pursued against a former lawyer who was found liable for diverting tens of millions of dollars from employee life insurance plans. Defendants in the long-running case, including former Bridgeport, ...

A group of House Democrats on Thursday sought assurance from the Department of Labor that it will reverse Trump-era rules that have discouraged the use of ESG factors in retirement plans. In a letter to Labor Secretary Marty Walsh, Reps. ...