The Department of Labor (DOL) has recently released new FINAL rules regarding the ERISA 408(b)(2). These disclosure rules become effective April 1, 2012. Service and fee disclosure regulations – ERISA Section 408(b)(2) applies to retirement plan service providers effective April 1, 2012. New 408(b)(2) Service Provider Disclosures: A description of the services provided Whether services provided [...]
The Department of Labor (DOL) requires an ERISA pension audit for all “large” pension plans, those with over 120 participants. Not only should the auditor you hire help you to meet the audit requirement but they should also add value to through financial and operational suggestions. New regulations require plan sponsors to have a documented [...]
The Department of Labor will be expanding their retirement plan disclosure requirements. For plan year beginning on or after November 1, 2011, the DOL will be standardizing fee reporting and investment information so that both plan sponsors and participants can make better, more informed decisions regarding 401(k) and 403(b) plans. The following areas will require [...]
On Thursday, Nov. 5 th our very own Maria T. Arriola stole the show at the Transamerica Retirement Services Breakfast for Financial Advisers. The presentation was attended by over 30 different businesses that operate in the retirement services arena and Maria was invited to co-present along with Dave Wilkins, Regional Vice President of Transamerica Retirement [...]