The Department of Labor has extended the public comment period for a program that would allow fiduciaries to self-correct for retirement plan contributions that are not invested, rather than going to ...

The VFC Program is a correction program that may be used to correct certain fiduciary breaches voluntarily by following requirements set out under the VFC Program and filing with the DOL for relief.

On January 15, 2025, the Department of Labor (“DOL”) issued notice amending its Voluntary Fiduciary Correction Program (“VFCP”), along with related final amendments to Prohibited Transaction Exemption ...

With high-profile ERISA lawsuits on the rise, self-insured employers are under pressure to prove they're acting as responsible fiduciaries when it comes to managing prescription drug costs. Scripta ...

The Department of Labor on Jan. 14 finalized a rule to expand its Voluntary Fiduciary Correction Program. Established in 2002, the program allows ERISA-covered plan sponsors to self-correct certain ...

Morningstar Inc. and the American Retirement Association today announced a partnership on an upcoming fiduciary training program for advisers, to help address compliance concerns raised by a new Labor ...

DRESHER, Pa.--(BUSINESS WIRE)--Ascensus, the nation’s largest independent services provider of retirement and college savings plans, is pleased to announce that its Investment Fiduciary Program, which ...

The College for Financial Planning is helping more financial professionals raise their cache of credibility with clients with the launch of a new training program on its platform. The Kaplan company ...

BOSTON--(BUSINESS WIRE)-- Employers today are increasingly aware of their growing fiduciary responsibilities on behalf of the employees in their retirement plans. Government regulations can be complex ...

ING’s U.S. Retirement Services business will expand its program for researching, selecting and monitoring plan investments to support more types of employers. ING’s U.S. Retirement Services business ...

Any planner that assists veterans, and specifically those attorneys in estate, elder, and guardianship/ conservatorship, should be familiar with how the VA Fiduciaries get involved, what the VA ...