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Insights from Winston & Strawn
  • Winston & Strawn LLP
  • USA
  • October 10 2011

It was just about one year ago that we used the "Insights from Winston & Strawn" to brief you on the Department of Labor's proposed regulation redefining the term "fiduciary" under ERISA.

Proposed ERISA regulations defining fiduciary to be withdrawn and modified
  • Morrison & Foerster LLP
  • USA
  • September 27 2011

In a prior client alert, we reported that the Department of Labor (the “DOL”) had issued proposed regulations that would have significantly expanded the categories of persons considered fiduciaries to plans that are subject to the Employee Retirement Income Security Act of 1974, as amended (“ERISA”).

DOL to revise definition of benefit plan "fiduciary"
  • Katten Muchin Rosenman LLP
  • USA
  • September 23 2011

On September 19, the Employee Benefits Security Administration (EBSA) of the U.S. Department of Labor (DOL) announced its intention to revise and re-propose amendments to its definition of “fiduciary.”

An added bonus for French staff?
  • Mayer Brown
  • France
  • September 21 2011

The social security financing correction bill was enacted on 28 July 2011 and an Interministerial Circular issued on 29 July 2011 (NORETST1121460C) which sheds some light on certain aspects of the draft bill.

Bribery Act 2010 - corporate hospitality and trustees
  • RPC
  • United Kingdom
  • September 13 2011

If as a pension scheme trustee, flying abroad to watch the rugby world cup with your investment advisers or kicking back at the opera with your actuary is your perfect treat, you need to read on.

ACT Report details three options for distinguishing between governmental and commercial retirement plans
  • Holland & Knight LLP
  • USA
  • September 8 2011

On June 15, 2011, the Advisory Committee on Tax Exempt and Government Entities (the Committee) released a report entitled, “Indian Tribal Governments: Survey of Issues Requiring Administrative Guidance in the Wake of Enactment of Section 906 of the Pension Protection Act of 2006“ (the ACT Report).

Commercials contracts with performers’ unions to be extended until March 31, 2013
  • Loeb & Loeb LLP
  • USA
  • August 26 2011

The current collective bargaining agreements between the advertising industry and unions for performers who appear in commercials - the Screen Actors Guild and the American Federation of Television and Radio Artists - are set to expire on March 31, 2012.

SAGAFTRA propose 1-year extension of commercials contracts
  • Reed Smith LLP
  • USA
  • August 5 2011

The following link contains the full text of the JPC's recent bulletin regarding SAGAFTRA's proposal for a 1-year extension to the Commercials Contracts.

Department of Labor releases final amendment to Prohibited Transaction Exemption 96-23
  • Reinhart Boerner Van Deuren SC
  • USA
  • May 20 2011

The Department of Labor (DOL) has issued final amendments to Prohibited Transaction Exemption (PTE) 96-23, a class exemption that permits various transactions involving employee benefit plans whose assets are managed by in-house asset managers (INHAMs), provided the conditions of the exemption are met.

Innovation Fund Ireland an update
  • LK Shields
  • Ireland
  • February 28 2011

Innovation Fund Ireland (the Fund) was launched on 12 July 2010 when it was announced that the State would contribute 250 million euro to the Fund over the next five years with the aim of attracting leading international venture capital fund managers to Ireland.