Compliance News
Compliance
Legislative and Judicial Actions
SEC Vets Adviser Outsourced ServicesOn October 26, the Securities and Exchange Commission proposed new rules requiring that financial-planning and wealth-management advisers vet and monitor vendors to which they outsource...
Plans With Complete Discontinuance of Contributions Treated As Terminated for Vesting Purposes
An IRS compliance project found some profit sharing, including 401(k), plan sponsors did not understand when a complete discontinuance of contributions occurs.