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July Business Services
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Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
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The Pension Source
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BPAS
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Retirement Combo Plan Administrator Heritage Pension Advisors, Inc.
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Defined Benefit Specialist II or III Nova 401(k) Associates
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Compensation Strategies Group, Ltd.
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BPAS
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DOL Rescinds Guidance on ERISA Plan Sponsor Vendor Diversity Program
Morgan Lewis
[Guidance Overview] Aug. 24, 2025 "The 2023 advisory opinion had offered a limited endorsement of an ERISA plan fiduciary's practice of considering a plan sponsor's diversity programs when evaluating what asset manager to retain.... With the new 2025 opinion, however, the DOL focuses on the underlying legality of the vendor diversity program itself -- declaring that the diversity program constituted unlawful discrimination in violation of federal civil rights laws." MORE >> |
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