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Managers of Plan Asset Funds: Important December 1, 2023 Deadline for DOL's Proxy Voting Rule
Vedder Price 
[Guidance Overview] Oct. 20, 2023 "Existing ERISA investors in plan asset vehicles [should] review, confirm and document that the Plan Asset Manager's investment policy statement and proxy voting policies are consistent with Title I of ERISA. To the extent the Plan Asset Manager retains a proxy voting service for the voting of proxies, it must undergo a similar review and document that such proxy voting service's voting policies are consistent with Title I of ERISA." |
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