You’ve Got Mail – The New Department of Labor Electronic Delivery Regulations

Plan sponsors and participants have won a significant victory in the effort to maintain access and transparency with respect to benefits communications. The finalized rule, entitled “Default Electronic Disclosure by Employee Pension Benefit Plans under ERISA” was released on May 21, 2020, to almost universal acclaim. To quote from the Summary of the release: “The […]

2020: A Stunning First Four Months!

As the following performance data of the S&P 500 attests, the recent rally in stock prices has been a gift! Three events account for the S&P 500’s spectacular recovery. 1. Massive fiscal and monetary support for credit markets, companies and the economy. 2. Hope for the continued progress in taming the coronavirus pandemic, especially the […]