The U.S. Department of Labor removed the Biden-era regulation from federal code and said it has no current plans for creating ...

An agency official confirmed that the agency has no plans to revisit the fiduciary rule after it was struck down in court.

"The challenged regulation wrongly sought to impose ERISA fiduciary status on securities brokers and insurance agents when there was not a relationship of trust and confidence," according to the Labor ...

After years of anticipation, the Department of Labor’s latest attempt to expand the definition of fiduciary investment advice is now dead.

Under the five-part test, people are investment advice fiduciaries under the Employee Retirement Income Security Act if they regularly provide individualized investment advice or recommendations to a ...

A circuit court’s ruling that ERISA fiduciary‑breach claims may be based only on individualized monetary losses has already impacted a separate case in Virginia.

Retirement plan committee meetings are not the most glamorous part of plan governance. Minutes can feel like an administrative ...

While the U.S. Court of Appeals for the Fourth Circuit’s recent class action decision in Trauernicht v. Genworth Financial Inc., No. 24-1880, – ...

Washington, D.C. – The ERISA Industry Committee released a new issue brief, “PBM Reform: Deem PBMs a “Fiduciary” Under ERISA,” calling for pharmacy benefit managers to be deemed a “fiduciary” under ...

Neither regulators nor courts have provided fiduciaries sufficient guidance to navigate the maze of administering ERISA accounts. It has been impossible to pick up a newspaper recently without reading ...