TITLE

Clear comparisons

AUTHOR(S)
Davis, Andrea
PUB. DATE
February 2011
SOURCE
Employee Benefit News;Feb2011, Vol. 25 Issue 2, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the rules established by the U.S. Department of Labor (DOL) on pension fee disclosure designed to aid plan sponsors to determine if the compensation they pay towards the plan's service providers are fair. It claims on the need for service providers to disclose information in helping plan fiduciaries in evaluating the rationality of contracts or arrangements. It is expected that the regulation levels the playing field for third party administrators effective July 16, 2011.
ACCESSION #
58738493

 

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