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DOL backs Morgan Stanley in deferred pay dispute, adding to pro-sponsor ERISA defenses
The Department of Labor (DOL) has sided with Morgan Stanley in a dispute over deferred pay, a move that is seen as reinforcing pro-sponsor protections under ERISA. This decision adds to a trend of DOL positions that observers believe benefit employers in certain retirement and compensation matters. The article, published on April 23, 2026, highlights this development in the context of broader trends in asset management and government policy.