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DOL Enforcement Bulletin Signals Major Shift for ERISA Plan Fiduciaries
Fox Rothschild LLP
[Guidance Overview] May 21, 2026 "[FAB 2026-01] [1] Prioritizes egregious misconduct, participant harm, and fiduciary loyalty breaches; flags ESG-driven decisions as potential disloyalty.... [2] Limits actions to ERISA text, final regs, guidance, and case law; curbs novel theories; impacts ESOP valuation and prudence-only claims.... [3] Leadership review of significant matters; 18-30 month timelines; reinforces independence from plaintiff firms." MORE >> |
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