19.01.2021 03.46 GMT+0000

Recent guidance from the DOL illustrates the outgoing administration’s desire to leave its mark.

Outgoing Administration Offers a Few Parting Shots

Outgoing Administration Offers a Few Parting Shots

Recent guidance from the DOL illustrates the outgoing administration’s desire to leave its mark.

Over the past few months the Department of Labor has issued three pieces of guidance that are (potentially) significant for plan sponsors and plan fiduciaries. These include final regulations describing new restrictions on the use of environmental, social and governance factors (“ESG”) in the selection of plan investments, an interpretative bulletin) containing new rules for plan fiduciaries with respect to proxy voting, and a class-wide prohibited transaction exemption permitting fiduciaries to receive (otherwise prohibited) forms of compensation--such as commissions. These three pieces of guidance may prove to be significant--if they are ever allowed to go into effect.

12.09.2019 01.12 GMT+0000

More fiduciaries are reading and hearing about the risks posed by conflicted provider service models.

Focus on Conflicts Gains Visibility

Focus on Conflicts Gains Visibility

Awareness--and concern--about the impact of DC provider conflicted service models continues to gain visibility.

Concern about plan providers and the risks of conflicted service models continues to gain visibility as RetireAware leadership takes this message to two national audiences.

12.09.2018 09.24 GMT+0000

Listen to an overview discussing what Principal Review does--and why it matters

Why This Matters: A Conversation with Dan Alexander

Why This Matters: A Conversation with Dan Alexander

Understanding Conflicts of Interest in Retirement Plans

Listen to Dan Otter of 403bWise interview Dan Alexander (Founder, CEO and Managing Director of Principal Review) to discuss how conflicts of interest and undisclosed compensation structures pose risks to plan sponsors and plan participants - and what can be done.