On April 14, 2021, the DOL issued a package of cybersecurity guidance for retirement plan sponsors; fiduciaries who are subject to the Employee Retirement Income Security Act of 1974, as amended (“ERISA”); recordkeepers and other service providers; and participants and beneficiaries. This is the first time that the DOL has issued guidance directly addressing cybersecurity. Continue reading “DOL Releases Cybersecurity Best Practices”
Tag Archives: Retirement
2021 Predictions On Future Path of the DOL: ESG Investments
On October 30, 2020, the DOL issued a final rule under President Trump’s administration which limits the selection of retirement plan investments in “do-good” or “environmental, social governance” (“ESG”) funds (“Final ESG Rule”). DOL, EBSA, 29 CFR Parts 2509 and 2550, Financial Factors in Selecting Plan Investments, 88 Fed. Reg. 72846 (11/13/20). The rule wasContinue reading “2021 Predictions On Future Path of the DOL: ESG Investments”