Was the initial euphoria of proponents of the Fiduciary Standard premature? Read the fine print of the SEC report here and decide for yourself.
Compliance
The question remains: Do the new DOL mutual fund reporting requirements merely add to the worries of 401k plan sponsors?
“What is intended to help participants, may hurt them as their decisions are driven by confusion and data overload.”
The DOL’s new requirements offer some good and some bad news. The question is do the benefits of the good offset the dangers of the bad? Discover both in this article.
Here’s your chance to see a real example of the new DOL 401k Disclosure Rule in practice. Complete with links to vital DOL documents.
It’s not like folks hid their Target Date Fund gripes. The question is: Was the DOL on target with its new disclosure rules?
We’ll show you the raw data first, then provide our analysis – and an important caveat.
The current economic setting only heightens fiduciary liability. Last year, the DOL logged more than 4.5 corrected violations per business day. With aggressive litigators using technology to sniff out these violators and others, what’s a 401k plan sponsor to do?
For 401k plan sponsors and fiduciaries, this seismic events delivered out of the nation’s Capital on July 15 signals the start of significant changes in the way they operate their plans.
Where’s the best place for the 401k plan sponsor to go for free help on their fiduciary duties and responsibilities?
