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April 3, 2026
As we reported in the April 1 Benefits Byte, the U.S. Department of Labor Employee Benefits Security Administration released proposed regulations on March 30 governing a retirement plan fiduciary’s selection of designated investment alternatives. A comprehensive summary of the proposed rule, with key takeaways, is now available for Council members.
In this edition of Just a Minute!, Council President Katy Johnson commends the agency’s approach in developing the proposal and explains how the rule should help to curb baseless litigation against plan sponsors.