Pension Operations Advisory Content

[30522] January 13, 2017 TO: ICI Members SUBJECTS: Pension RE: DOL Updates Guidance on Fiduciary Duties Related to Exercise of Shareholder Rights In late December, the Department of Labor issued Interpretive Bulletin (IB) 2016-1, which provides guidance regarding the application of...

[30516] January 12, 2017 TO: ICI Members SUBJECTS: Pension RE: FINRA Issues Investor Alert on Inherited IRAs FINRA recently issued a new Investor Alert entitled “Inherited IRAs—What You Need to Know” [1] to provide basic information about the rules that apply when an individual...

[30512] January 11, 2017 TO: ICI Members Investment Company Directors Advertising Compliance Advisory Committee Bank, Trust and Retirement Advisory Committee Broker/Dealer Advisory Committee Chief Compliance Officer Committee Operations Committee Pension Committee Pension Operations...

[30488] December 19, 2016 TO: ICI Members SUBJECTS: Pension RE: DOL Amended Final Rule on ERISA Safe Harbor for State and Political Subdivision Auto-IRA Programs On December 19, 2016, the Department of Labor (DOL) released a final amended regulation relating to retirement savings...

[30479] December 14, 2016 TO: ICI Members SUBJECTS: Pension RE: IRS Publishes 2016 Required Amendments List for Qualified Retirement Plans Notice 2016-80 (attached) contains the 2016 Required Amendments (RA) List for Qualified Retirement Plans, which is the first of such annual RA...

[30465] December 8, 2016 TO: ICI Members Bank, Trust and Retirement Advisory Committee Pension Committee SUBJECTS: Pension RE: Updated Instructions to IRS Forms 1099-R and 5498 Include Directions for Reporting Late Rollover Contributions Completed Using New Self-Certification...

[30464] December 8, 2016 TO: ICI Members SUBJECTS: Pension RE: ICI Submits Comments to Senator Wyden on RISE Act Discussion Draft The Institute sent the attached letter to Senator Ron Wyden, Ranking Member of the Senate Finance Committee, in response to his request for comments on a...

[30463] December 7, 2016 TO: Pension Committee Pension Operations Advisory Committee RE: Letter to IRS Regarding Hardship Distribution Substantiation Attached is a letter submitted jointly by ICI, the American Benefits Council, and the SPARK Institute to the Internal Revenue Service...

[30458] December 6, 2016 TO: ICI Members SUBJECTS: Pension RE: ICI Submits Comment Letter on Proposed Changes to Form 5500 The Institute submitted the attached letter to the Department of Labor, the Department of the Treasury, and the Pension Benefit Guaranty Corporation (collectively...

[30412] November 22, 2016 TO: ICI Members SUBJECTS: Operations Pension Transfer Agency RE: ICI Submits Comment Letter on PBGC Proposed Rule for Missing Participant Program The Institute submitted the attached letter to the Pension Benefit Guaranty Corporation (PBGC) responding to its...