Compliance February 14, 2011

SPARK Finalizes 403(b) Info Sharing Standards

After a two-week public comment period, the SPARK Institute released a final updated version of its information sharing best practices for 403(b) plans.
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Larry Goldbrum, General Counsel said  “This update of Version 1.04 reflects certain industry developments that occurred since it was originally published in June 2009.” He said there were no significant changes to the draft as a result of public comments.  The effective date of the updated version is October 1, 2011. 

The new standards are here.

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