ebsa – CORPaTH

Who Is Trump Nominee Daniel Aronowitz, Tapped to Oversee Pensions?

By Donna Levalley Source: Kiplinger.com Daniel Aronowitz, has been nominated by President Trump to serve as Assistant Secretary of Labor for the Employee Benefits Security Administration (EBSA). The oversight provided by the ESBA is critical to the safety of retirement savings and employee welfare plans, including health care. If confirmed, his responsibilities will include safeguarding the $14 trillion in private sector pension and welfare plans that benefit 156 million workers, retirees and family members. The EBSA enforces the Employee [...]

DOL’s priorities include SECURE 2.0, ESG rule, EBSA head says

By Courtney Degen Source: Pensions & Investments The Labor Department's 2023 priorities include implementing SECURE 2.0 and its new ESG rule, while aiming to improve communication with plan participants and beneficiaries, Lisa M. Gomez, assistant secretary of labor for the Employee Benefits Security Administration, said Tuesday. The department finalized a rule in November that allows retirement plan fiduciaries to consider climate change and other environmental, social and governance factors when selecting investments and exercising shareholder rights, also overturning two [...]