Posts tagged Employee Benefits Security Administration

    Plan Sponsors Get Go-Ahead on Alternatives as DOL Shifts Stance

    August 22, 2025 // For plan sponsors, this regulatory shift provides much-needed clarity and removes a significant deterrent that had been hanging over alternative investment discussions. The DOL has essentially returned to a neutral, principles-based approach that allows fiduciaries to evaluate all investment options based on their merits rather than facing special scrutiny for considering alternatives.

    DOL Nominee: Daniel Aronowitz

    April 15, 2025 // Daniel Aronowitz: Nominated Daniel Aronowitz has been nominated to serve as the Assistant Secretary of Labor for the Employee Benefits Security Administration (EBSA). He is the President of Encore Fiduciary, a company specializing in fiduciary liability insurance for employee benefit plans. Aronowitz has over 30 years of experience in the…

    Former EEOC Commissioner and Acting WHD Administrator Keith Sonderling Announced as Pick for Deputy Secretary of Labor

    January 16, 2025 // The deputy secretary of labor serves as the de facto chief operating officer of the DOL, managing an approximately 17,000-person workforce and a $14 billion dollar budget. Further, the deputy manages the politically appointed heads of each agency that falls under the DOL, including vital agencies such as the Occupational Safety and Health Administration, WHD, the Employee Benefits Security Administration, and the Office of Federal Contract Compliance Programs (OFCCP), among others. Sonderling has a track record of prioritizing clear guidance on both traditional issues such as those found in wage and hour law or occupational safety and cutting-edge issues such as the use of artificial intelligence (AI) in the workplace. Sonderling’s record throughout his career provides insight into what employers can expect from Sonderling’s leadership as the deputy secretary of labor.