Executive Order Includes Review of ESG Factors
Last week, President Biden issued an Executive Order on Climate-Related Financial Risk.
Retirement Security and Savings Act Re-Introduced
Senators Rob Portman (R-OH), and Ben Cardin (D-MD), have introduced the Retirement Security and Savings Act of 2021, legislation that was last introduced in 2019.
DOL Withdraws Independent Contractor Rule
The Department of Labor (DOL) Wage and Hour Division is withdrawing the independent contractor rule that was scheduled to take effect on May 7, 2021.
Securing a Strong Retirement Act Re-Introduced
House Ways and Means Committee Chairman Richard Neal (D-MA) and Ranking Member Kevin Brady (R-TX) have introduced the Securing a Strong Retirement Act of 2021.
DOL Releases Additional Investment Advice Guidance
This latest DOL guidance package presents helpful information in a more understandable format.
Department of Labor Releases Cybersecurity Guidance
On April 14, the DOL’s (EBSA) issued—for the first time—guidance on best practices for maintaining cybersecurity.
Additional Prohibited Transaction Exemption Guidance
The Department of Labor (DOL) has issued two pieces of guidance on its new fiduciary advice prohibited transaction exemption, PTE 2020-02.
DOL Releases Cybersecurity Guidance for Plan Sponsors
The DOL’s Employee Benefits Security Administration today released a three-part guidance package on cybersecurity for plan sponsors, plan fiduciaries, service providers, and participants.
Additional COBRA Premium Assistance Guidance Under ARPA
The DOL has issued additional COBRA premium assistance guidance under the American Rescue Plan Act of 2021.
Marty Walsh Confirmed as Secretary of Labor
Former Boston Mayor Marty Walsh was confirmed on Monday as Secretary of the Department of Labor (DOL).
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