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Can a self-funded plan limit its exposure and consider travel to a "hotspot" or "high risk" area as a "hazardous activity or hobby"?
The rule is intended to align with SEC's Reg BI.
Don't wait until after the pandemic is over -- review and monitor your plan's fiduciary decisions now.
A goal for the post-virus recovery program should be the effective implementation of a workplace-based retirement option.
While they may seem similar, there is an important difference between getting furloughed and being laid off.
News about Former Assistant Secretary of Labor Phyllis Borzi, PSCA, Legal & General, Newport Group, New York Life, Randstad, Transamerica.
The rule permits use of modern technology but is more efficient during the COVID-19 crisis, the department says.
Just as people may have forgotten what a bear market feels like, so, too, have they forgotten the dangers of marketing timing.
The extended deadlines present some significant immediate issues, and more issues are sure to arise in practice.
A disturbing new trend among certain carriers may make it more difficult for plan sponsors and their broker/consultants to discharge their plan responsibilities.