On January 1, 2025, Law360 quoted Lisa Tavares on potential employee benefit policy changes in 2025.
According to the article, experts are bracing for potential changes to employee benefit issues, including shifts from the U.S. Department of Labor on who qualifies as a regulated fiduciary under benefits law and whether retirement plans can consider environmental and social factors when picking investments.
Commenting on how ERISA fiduciaries will be impacted, Tavares said she's looking out for how the incoming Trump administration handles ESG. "I'm eager to see what they're going to revert to," Tavares said.
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