News & Analysis as of

Fiduciary Duty Diversity and Inclusion Standards (D&I) Employee Retirement Income Security Act (ERISA)

Morgan Lewis - ML Benefits

DOL Rescinds Guidance on ERISA Plan Sponsor Vendor Diversity Program

The US Department of Labor (DOL) has withdrawn prior guidance from 2023 supporting racial equity programs aimed at increasing racial diversity in a plan’s asset manager pool. That prior guidance had provided comfort to plan...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Broadridge to use training to increase diversity (UPDATED)

Vendettas in the retirement plan business don’t pay your bills. Disputes with other retirement plan providers don’t help grow your business. Years ago, I was invited by a dear friend in the business to speak at a local event...more

Fisher Phillips

Tides Have Turned: 4 Key Takeaways for Employers as Labor Department Clears Way for ESG-Focused Investment Options

Fisher Phillips on

The tides can turn quickly in the world of workplace law, and employers who operate as plan fiduciaries for their employees’ retirement investments can now shift their thinking thanks to the latest development. While the...more

Bracewell LLP

ESG Investing and Retirement Plans

Bracewell LLP on

Background - As ESG (environmental, social and governance) investing recently has drawn the attention of governmental agencies that oversee the administration of qualified retirement plans and their trillions of dollars...more

Goodwin

Financial Services Weekly News Roundup - July 2015 #2

Goodwin on

Regulatory Developments - Agencies Post Public Sections of Resolution Plans: In a July 6 joint press release, the Federal Reserve Board and FDIC announced that they have posted the public portions of annual...more

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