An incoming administration headed by President-elect Joe Biden is expected to differ from President Donald Trump’s approach to regulating employer-sponsored retirement plans.
Under the Trump administration, “we saw a walk back of a lot of the Obama-era government regulations,” said Sam Henson, senior vice president of legislative and regulatory affairs for Lockton Retirement Services, an employee benefits advisory and brokerage firm. “A Biden administration will look significantly different,” with a heavier regulatory hand.
