Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Relationship Manager

Compass
(Remote / Stratham NH / Hybrid)

Compass logo

Compliance Consultant

Compass
(Remote / Stratham NH / Hybrid)

Compass logo

Retirement Plan Administrator

Northwestern Wisconsin Associates, Inc. (NWA, Inc.)
(Wausau WI / Hybrid)

Northwestern Wisconsin Associates, Inc. (NWA, Inc.) logo

Relationship Manager for Defined Benefits

Daybright Financial
(Remote)

Daybright Financial logo

Retirement Plan Administrator

Frank Pension Consultants, Ltd.
(Lincolnshire IL)

Frank Pension Consultants, Ltd. logo

Relationship Manager - Defined Contributions

Daybright Financial
(Remote)

Daybright Financial logo

Relationship Manager for Defined Contributions 2

Daybright Financial
(Remote)

Daybright Financial logo

Defined Contribution Account Manager

Nova 401(k) Associates
(Remote)

Nova 401(k) Associates logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

Letter from Republican Senators to DOL on Proposed Fiduciary Definition and Its Effect on ESOPs (PDF)
Sen. Mitch McConnell [R-KY], Sen. John Thune, Sen. Kelly Ayotte and Sen. Roy Blunt, U.S. Senate Link to more items from this source
[Opinion]
Aug. 1, 2013

"We share these myriad concerns over the proposed rule's negative impact on investors and do not want to see access to investment advice narrowed. Furthermore, we write today to also share our grave concern over the less often discussed harm it poses to our nation's [ESOP] companies.... We find it troubling that ... the success of ESOPs are seemingly ignored by [the DOL].... The Labor Department's efforts to expand the definition of fiduciary to include independent ESOP appraisers will only hurt the very employees it seeks to protect."  MORE >>

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title).
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above).