Tag: 401(k) investments|401(k) plans|Department of Labor|Fiduciary|Pension Rights Center|Regulation|Traditional (defined benefit) pensions
PRC Praises Labor Department for New Rules for Economically Targeted Investments
WASHINGTON – U.S. Secretary of Labor Tom Perez announced today new guidance for economically targeted investments (ETIs) in retirement plans. By issuing Interpretive Bulletin 2015-01, the Department of Labor (DOL) affirmed that the first duty of pension plan trustees is to the workers and retirees who depend on the plan for their retirement, but the […]
