New 401(k) Fee Disclosure Rules May Be Delayed
Reuters reported Exclusive: Labor dept may delay 401(k) fee disclosure. The rules in question are the new new 408(b)(2) regulation. This regulation requires all plan service providers to disclose their compensation to 401(k) plan sponsors. Service providers include anyone acting as a fiduciary, registered investment advisers, brokers, recordkeepers, third party administrators and consultants. Compensation is defined as [...]
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