Bridgeford, Lydell C.
April 2008
Employee Benefit News;Apr2008, Vol. 22 Issue 5, p26
The article discusses the Pension Protection Act (PPA) of 2006. The PPA requires plan administrators to inform participants of their new right to sell company stock in their accounts and reinvest the proceeds into other investments. It gives the U.S. Department of Labor the authority to assess civil penalties against plan administrators who fail to notify participants about diversification.


Related Articles

  • The New Investment Advice Provisions of the Pension Protection Act: The Question for Plan Sponsors. Arnone, William J.; Finkelstein, Lynn P. // Benefits Quarterly;2007 Second Quarter, Vol. 23 Issue 2, p42 

    Forthcoming Department of Labor regulations should clarify many open questions about the implementation and impact of the investment advice provisions contained in the Pension Protection Act of 2006 (PPA). Once these issues are resolved, it is very likely that investment advice will soon be a...

  • 401(k) Auto-Enroll Paves Path for SMAs. Pizzani, Lori // Money Management Executive;11/27/2006, Vol. 14 Issue 45, p1 

    The article focuses on the issuance of rules by the Department of Labor which clarified a provision of the Pension Protection Act of 2006 in the U.S. The provision allows sponsors of 401(k) plans to enroll automatically new employees into the defined contribution plans of companies....

  • DOL Tweaks 2013 Deadline For Investment Disclosure. Miller, Stephen // HR Magazine;Sep2013, Vol. 58 Issue 9, p14 

    The article reports on the announcement of the U.S. Department of Labor (DOL) regarding the one-time reset for the temporary relief to be given to the sponsors and administrators of participant-directed retirement plans. It says that the plan administrators are required in the participant-level...

  • Guidance Issued on ETIs.  // Labor Law Journal;Jul94, Vol. 45 Issue 7, p447 

    The Labor Department reaffirmed that economically targeted investments (ETI) are consistent with federal pension law, provided they generate a competitive rate of return and are otherwise an appropriate investment for the plan. "Every pension fund has a legal responsibility to produce a...

  • (PENSIONS) Rules to Improve Retirement Security Unveiled by Labor Dept.  // Aging News Alert;3/5/2010, p16 

    The article reports on the two new rules introduced by the Department of Labor to enhance retirement security and transparency for workers that covered by 401(k) pension and other retirement arrangements in the U.S. in 2010. It notes that the rules would ensure workers to receive unbiased advice...

  • Money Managers Get More Internal Crossing. Chapman, Peter // Traders Magazine;Apr2007, Vol. 20 Issue 266, p12 

    The article reports that the Department of Labor (DOL) implemented a new rule wherein money managers handle orders from pension plans governed by the Employee Retirement Income Security Act (ERISA) in the U.S. Cross-trading was authorized by the Pension Protection Act and codified by Labor's...

  • Default investment options in defined contribution plans: A quantitative comparison. Pang, Gaobo; Warshawsky, Mark J. // Pensions: An International Journal;Oct2008, Vol. 13 Issue 4, p221 

    With the passage of the Pension Protection Act of 2006 and the Department of Labor regulation regarding qualified default investment alternatives, automatic enrollment and default investments featuring more equities are likely to become more popular. This analysis compares the investment...

  • The Good and Bad of Fiduciary Delay. Sullivan, John // Investment Advisor;Apr2012, Vol. 32 Issue 4, p110 

    The article offers the author's insights on the effect of the delay of implementation of proposed regulations by U.S. Department of Labor (DOL) on the definition of financial advisors who take fiduciary responsibility of retirement plans. It says that financial advisors that are considered as...

  • DOL not making sense.  // Pensions & Investments;6/25/2012, Vol. 40 Issue 13, p10 

    The article focuses on the U.S. Department of Labor's guidance on defined contribution sponsors and brokerage windows. Topics include the disclosure requirements, fiduciary responsibility, and employer offering of brokerage options for sponsored pension plans. Information is provided on...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics