Federal Prime Interest Rate Increased to 7.75 Percent
Effective February 1, 2022, the federal prime interest rate increased from 7.50 percent to 7.75 percent.
Retirement Spotlight – DOL’s Final ESG Rule Clarifies Duties
In this latest guidance, the DOL amends the “Investment Duties” regulation.
SEC “Hard Close” Proposal Published in Federal Register
The SEC proposed rule titled, Open-End Fund Liquidity Risk Management Programs and Swing Pricing; Form N-PORT Reporting, has been published in the federal register.
ESG Final Rule Published in Federal Register
The DOL’s final rule titled Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights has been published in the Federal Register.
DOL Releases ESG Final Rule
The Department of Labor (DOL) has announced the release of a final rule to remove barriers in considering environmental, social, and governance (ESG) factors in plan investments.
DOL ESG Final Rule Has Left OMB
A final rule titled Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights submitted by the Department of Labor has left the Office of Management and Budget.
PBGC Updates Mortality Tables for 2023
The Pension Benefit Guarantee Corporation has updated the ERISA Section 4044 Mortality Table to now include factors for 2023 valuation dates.
PBGC Extends Comment Period for Withdrawal Liability Proposed Rule
The PBGC is extending the comment period for a proposed rule that would provide interest rate assumptions that may be used by a plan actuary in determining a withdrawing employer’s liability under a multiemployer plan.
PBGC Proposes Modifications to Form 5500 Schedule R and SB Reporting
The PBGC has submitted to the Office of Management and Budget an information collection request and extension related to Form 5500 series annual reporting requirements.
SEC Re-Proposes Mutual Fund “Hard Close”
The SEC has released a proposed rule titled “Open-End Fund Liquidity Risk Management Programs and Swing Pricing; Form N-PORT Reporting.”
No Results
