As I write, we haven’t yet seen the final version of the general code of practice – the code that had formerly been known as the single code of practice – but we understand it will be published just as soon as the Department for Work and Pensions has signed it off. It will then be laid in parliament for 40 sitting days before coming into force.
On October 14, 2021, the Department of Labor (the "DOL") published a proposed regulation, "Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights".
On October 14, 2021, the Department of Labor (the “DOL”) published a proposed regulation, “Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights” (86 Fed..