Employee Benefits Blog

The DOL Asks and Answers Questions About the New Welfare Plan Fee Disclosure Rules

In Field Assistance Bulletin 2021-03 (12/31/21) (FAB), the Department of Labor (DOL) issued guidance and temporary enforcement policy to address the new 408(b)(2) disclosure requirements that apply to certain service providers to group health plans. The Consolidated Appropriations Act of 2021 amended ERISA Section 408(b)(2) to extend the disclosure requirements that have long applied to […]

January 7, 2022 | 2 min read | Tagged: DOL, FAB 2021-03, fee disclosure, Field Assistance Bulletin, welfare plan

Marvin "Bucky" Swift Former Partner

Update – A Rule Deferred: Department of Labor Delays Implementation of Fiduciary Rule

As we previously reported in our February 16, 2017 blog post, “A Rule Deferred: Department of Labor Delays Implementation of Fiduciary Rule,” the DOL anticipated delaying the effective date of the fiduciary rule by 180 days. However, on March 1, 2017, the DOL proposed to delay the fiduciary rule by 60 days, citing the potentially […]

March 16, 2017 | 2 min read | Tagged: BIC, BICE, delay, DOL, executive memorandum, fiduciary rule, Field Assistance Bulletin, Trump

Kerry E. Parker Former Associate