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DOL will not pursue claims against Fiduciaries During Phased Implementation Period Ending on January 1, 2018

On May 22, 2017 the DOL published Field Assistance Bulletin No. 2017-02 which announced a temporary enforcement policy related to the Department of Labor’s final rule defining who is a “fiduciary” under ERISA and the related prohibited transaction exemptions (PTEs). The final rule, entitled “Definition of the Term ‘Fiduciary’; Conflict of Interest Rule -- Retirement… Continue reading DOL will not pursue claims against Fiduciaries During Phased Implementation Period Ending on January 1, 2018