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DOL Greenlights Citibank's Diverse Asset Manager Program

Published: October 6, 2023

On September 29, 2023, the Department of Labor (DOL) issued Advisory Opinion 2023-01A (Opinion) approving Citibank's Diverse Asset Manager Program…

Source: lexology.com

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Investment CommitteeDepartment Of LaborAdvisory OpinionDiverse Asset Manager ProgramEmployee Retirement Income Security ActRacial EquityActions AreFiduciary May Consider SubsidizedAw FirmsAw UpdatesEgal UpdatesEgal DevelopmentsAw DevelopmentsEgal NewslettersEgal Current AwarenessEgal AdvisersEgal AdvisorsEgal DirectoryMployee Benefits Amp Pensions

Citi Gets DOL Approval for Diverse Manager Plan Fee Payments

Published: October 6, 2023

The bank’s attorneys tout a positive response from the DOL on the program designed to promote diverse asset managers in Citi’s benefits plans.

Source: plansponsor.com

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Karen LloydCitigroup IncThompson HineDepartment Of LaborInvestment CommitteeDiverse Asset Manager ProgramRacial Equity