For Plan Investments in ETIs, the All Things Being Equal Test Prevails (Again) | Practical Law
The Department of Labor (DOL), on October 22, 2015, issued Interpretive Bulletin (IB) 2015-01 on the legal standards imposed under Sections 403 and 404 of the Employee Retirement Income Security Act of 1974 (ERISA) on a plan fiduciary’s decision to invest plan assets in economically targeted investments (ETIs). IB 2015-01 replaces IB 08-01.