On April 7, 2017, the DOL announced that the applicability dates for its final fiduciary rule and related prohibited transaction exemptions (“PTEs”) would be delayed from April 10, 2017 to June 9, 2017, with certain provisions in the PTEs further delayed to January 1, 2018. On May 22, 2017, the DOL confirmed that as of […]
On June 30, the U.S. Department of Labor (“DOL”) published final regulations mandating, among other things, increases in certain civil monetary penalties administered by the DOL to enforce Title I of ERISA. These increases will be effective for penalties assessed after August 1, 2016, if associated violations occurred after November 2, 2015. Penalty increases […]