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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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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 … Continue reading
Posted in Employee Benefits
| Tagged DOL, FAB 2021-03, fee disclosure, Field Assistance Bulletin, welfare plan
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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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