TITLE

Regulatory audits

AUTHOR(S)
GEST, JAYNE
PUB. DATE
November 2013
SOURCE
Smart Business Akron/Canton;Nov2013, Vol. 23 Issue 6, p44
SOURCE TYPE
Periodical
DOC. TYPE
Interview
ABSTRACT
An interview with Mike Spickard, chief executive officer and chief actuary at actuarial consulting firm Tegrit Group, is presented. When asked about the reason behind an increase in regulatory audits of retirement plans, he said this is due to the presence of a pattern of participant complaints and Internal Revenue Service and the Department of Labor have started to communicate with each other more often. He said plan sponsors can avoid audits by being an engaged plan sponsor.
ACCESSION #
91977301

 

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