Compliance July 27, 2016

Advisory Council Meeting to Focus on Plan Transfers, Cybersecurity

Organizations and individuals in the retirement plan community are invited to submit comments or request to address the ERISA Advisory Council.
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The Department of Labor’s (DOL’s) Employee Benefit Security Administration will hold a three-day ERISA Advisory Council meeting August 23 through August 25.

The Advisory Council will study participant plan transfers and account consolidation for the advancement of lifetime plan participation. Cybersecurity for benefit plans will also be addressed. 

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The Council is asking individuals or organizations who wish to submit a written statement to do so on or before August 16. Those wishing to address the Advisory Council may request by August 16 to do so.

More information is here.

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