Plan Legislative and Regulatory Update 1Q21

On March 10th, the Department of Labor (DOL)’s Employee Benefits Security Administration (EBSA) announced that the recent final rules on “Financial Factors in Selecting Plan Investments” and “Fiduciary Duties Regarding Proxy Voting and Shareholder Rights” will not be enforced. Likewise, enforcement actions will also not be pursued against any plan fiduciary based on a failure to comply with those final rules with respect to an investment…(Click the image below to download a PDF copy and for clickable links.)