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Welcome to the Snell & Wilmer Benefits Blog. We will be posting about current employee benefits and executive compensation topics and issues. We invite you to contact the authors with your thoughts or questions.Blog Contributors
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Fiduciary Rule to Go Into Effect but DOL Provides Temporary Non-Enforcement Policy
As reported in our April 18th blog, the Department of Labor (“DOL”) officially delayed the applicability of the Fiduciary Rule for 60 days, until June 9, 2017. Given the multiple delays leading up to the proposed June 9th date and … Continue reading
Posted in Employee Benefits, Qualified Retirement Plans
| Tagged Acosta, DOL, exemption, FAB 2017-02, fiduciary, fiduciary rule, June 9, non-enforcement
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The Official Delay of the Fiduciary Rule: A Compromise
On April 7, 2017, the DOL published a final rule, officially delaying the applicability of the Fiduciary Rule for 60 days, until June 9, 2017. The DOL noted that a full review of the Fiduciary Rule and its impact is … Continue reading
Posted in Employee Benefits, Qualified Retirement Plans
| Tagged BICE, DOL, executive memorandum, fiduciary, fiduciary rule, Impartial Conduct Standards, Rule
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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, … Continue reading
Posted in Employee Benefits, Qualified Retirement Plans
| Tagged BIC, BICE, delay, DOL, executive memorandum, fiduciary rule, Field Assistance Bulletin, Trump
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Five Lawsuits Filed Against DOL’s Fiduciary Rule (so far)
As we previously discussed in our May 19, 2016 SW Benefits Update, the Department of Labor (“DOL”) recently issued final regulations on fiduciary conflicts of interest in retirement programs. Since 2010 when the DOL first proposed regulations addressing self-interested advice … Continue reading
Posted in Employee Benefits, Qualified Retirement Plans
| Tagged Benefits Update, conflict of interest, Congress, Department of Labor, DOL, fiduciary, fiduciary rule, final regulations, Obama, President Obama, regulations, Senate, veto
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