The U.S. House of Representatives has approved the Incentivizing New Ventures and Economic Strength Through Capital Formation Act (H.R. 3383), which includes long-sought provisions to allow 403(b) plans to invest in collective investment trusts and unregistered insurance company separate accounts.

Council President Katy Johnson describes the Council's forthcoming innovations initiative and welcomes you to participate.

The federal government has begun to weigh in on retirement plan litigation, the most urgent threat to the employer-sponsored retirement system.

Don't miss the upcoming webinar on December 16 at 1 p.m., focusing on what employers need to know about Trump Accounts, the new child savings program.

If adopted, the Council's proposed safe harbor would help stem the tide of corrosive class-action ERISA litigation against retirement plan fiduciaries.

The Council submitted a letter supporting legislation that would allow 403(b) plans to invest in CITs and unregistered insurance company separate accounts.

Council President Katy Johnson applauds Lynn Dudley for her recent testimony before a House subcommittee on retirement plan litigation.

The 5th Circuit has granted the government’s unopposed motion to withdraw its appeal of two district court orders staying the effective date of the 2024 rule governing the definition of “fiduciary” with respect to the provision of investment advice.

The Trump administration rolled out additional information on its new “Trump accounts” savings vehicle on December 2.

The Council testified before a key House subcommittee on December 2, describing the serious threat to workplace retirement plans posed by opportunistic and frivolous ERISA litigation.

House lawmakers have reintroduced legislation that would increase competition in the health care provider market and promote lower cost and higher quality care by restricting anti-competitive contract terms like “anti-steering” or “anti-tiering” provisions and “all-or-nothing” or “most-favored nation” clauses.

The Council supports the goal of President Trump’s executive order directing DOL to enhance PBM fee transparency under ERISA Section 408(b)(2).