'Given that the slimmer Final Rule is no longer the stranglehold on ESG investing that the original proposal had been, the Biden Administration could decide not to expend its...
New law to show who qualifies for a PPP loan
This article, provided by the Wagner Law Group, explains the modifications made to the Paycheck Protection Program (PPP) by the Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues...
Another Objection to DOL’s ESG Proposal
The Department of Labor's recent move to chill the use of "Environmental, Social and Governance" investments in retirement plans has drawn broad criticism--including this comment from the Wagner Law...
Can employers contribute less to their retirement plans?
In the current stressed environment, "employers must take steps to remain in business, which means reducing expenses, including their contributions to their qualified retirement plans," say Wagner Law Group...
Interpreting SEC’s new ‘principles-based’ advertising rule: Wagner Law Group
This interpretation of the SEC rule was written by attorneys Stephen Wilkes and Livia Quan Aber of the Wagner Law Group and published this week.
New safe harbor for electronic retirement plan disclosures
Retirement plan sponsors can now satisfy disclosure requirements by making the information available on a website, Wagner Law Firm experts explain. Photo: Marcia Wagner.
House Passes Family Savings Act of 2018
This bill could open a path to great changes in retirement plans. The Senate may take action on it during the lame-duck session, a new bulletin from Wagner Law...
DOL issues regulations regarding multiple employer pension plans
The proposal doesn't address 'open MEPs' that would allow retirement plan providers to sponsor plans. It establishes seven requirements for groups or associations that want to co-sponsor a plan...
For advisors, DOL enforcement holiday still in effect
'The Field Assistance Bulletin is somewhat difficult to understand,' said the pension attorneys at Wagner Law Group in a public memo about the DOL's announcement. ...
New York, New Jersey, NAIC propose investor protections
New York regulators have proposed a “best interest” standard for sales of life and annuity products, the Wagner Law Group reported. Some New Jersey legislators want non-fiduciaries to disclose...
Department of Labor Declares 18-Month ‘Transition Period’ for BICE
Though the DOL has said it will focus its enforcement policy on compliance assistance, 'private litigants' won't be so gentle, the benefits law firm warned, adding that even the...
President Trump to require ‘two-for-one’ regulations
'To the extent allowed by law, any new incremental costs associated with new regulations must be offset by the elimination of existing costs associated with at least two prior...