As we enter 2026, the U.S. Department of Labor (DOL) continues to demonstrate a notably “fiduciary-friendly” approach, especially toward plan sponsors and their advisors.
This shift has been evident since mid-2025, even in the face of significant challenges such as the longest government shutdown in U.S. history. The Employee Benefits Security Administration (EBSA), the division responsible for enforcing the Employee Retirement Income Security Act of 1974 (ERISA), has taken concrete steps to support plan sponsors, reinforcing the process-based nature of ERISA as originally intended.
Key takeaways
#1
DOL’s Fiduciary-Friendly Approach
The DOL is increasingly backing plan sponsors in fiduciary disputes, while emphasizing the need for prudent, well-documented processes.
#2
Leadership Change Drives Policy
Daniel Aronowitz's confirmation as Assistant Secretary of Labor for EBSA renews focus on restoring ERISA’s process-based intent.
#3
Supreme Court Engagement
The DOL’s briefs in Parker-Hannifin v. Johnson and Pizarro v. The Home Depot address key legal standards, potentially impacting future cases.