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The DOL's New Missing Participant Guidance: Tips for Applying it in the Real World | Foley & Lardner LLP | Foley & Lardner LLP


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By now, you’ve probably read about the Department of Labor s new guidance on locating missing retirement plan participants. And, as you’re probably already aware, missing participants (and beneficiaries)
1 can be a real headache for plan sponsors – delaying both payment of required distributions (payments at normal retirement age, small balance cashouts, required minimum distributions, etc.) and distribution of required plan disclosures (summary annual reports, summaries of material modifications, etc.).
The DOL s guidance, issued January 12, 2021, includes a host of best practices (the “Best Practices”) plan sponsors and other fiduciaries can use to locate missing or nonresponsive participants. Unfortunately, not every Best Practice will be appropriate for every plan. In this article, we’ll help you sort through the Best Practices to determine which ones may work best for your plan. ....

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Charlie Lim announces new collaborative single with Aisyah Aziz, 'Won't You Come Around'


Credit: Cross Ratio Entertainment
Charlie Lim has released a music video for his new single with Aisyah Aziz, ‘Won’t You Come Around’.
The duet by the two Singaporeans, which features lyrics in English and Malay, was released last Friday (January 22). The music video, which dropped Monday (January 25), was directed by Jonathan Choo, who last worked with Lim on the music video for ‘Welcome Home’.
The ‘Won’t You Come Around’ video features Lim and Aisyah each singing their parts of emotive track through the night and into the dawn – and ends with the duo meeting on a couch by the beach. Watch it below. ....

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