Sitting in the audience at the ASPPA/DoL Speaks conference last week, I was reminded just how disruptive it can be to have a new boss.
Tag: Fee disclosure
When it comes to employee benefit plans, there’s a new sheriff in town.
10 Things You’re (Probably) Doing Wrong—or Not Doing Right—as a Plan Fiduciary (continued).
Recently the 7th Circuit responded to requests that it reconsider its opinion in the revenue-sharing/″excessive fee″ case of Hecker v. Deere.
A closely watched U.S. House bill mandating comprehensive 401(k) fee disclosures and dealing with plans providing investment advice made it out of committee on Wednesday.
The House Subcommittee on Health, Employment, Pensions and Labor has approved the 401(k) Fair Disclosure for Retirement Security Act (H.R. 1984) and the Conflicted Investment Advice Prohibition Act (H.R. 1988).
U.S. Representative Richard Neal (D-Massachusetts) has introduced legislation that would require administrators of 401(k) plans to provide plan participants with detailed fee and investment disclosures.
DWS Investments - Americas, the U.S. retail unit of Deutsche Bank's Asset Management division, unveiled the DWS Fee Transparency Report.
Those who had been waiting anxiously (or nervously) for that final wave of regulations from the Department of Labor will have (get?) to wait a bit longer, it appears.
Advisers should be proactive on helping their clients understand their plan fees in the coming year.
Retirement plan advisers can anticipate a continued focus on fee transparency in the coming months.