The Department of Labor is concerned fiduciaries will misinterpret its earlier June 2020 letter.
Without thoughtful preparation, offloading liabilities can be a costly and time-consuming endeavor.
Plans often do piecemeal deals, to reduce the chances of everything going down the tubes.
The securities regulator will review whether companies’ practices actually match what they report.
Many institutional investors trip on undetected hazards, Northern Trust study says.