DOL Issues Final Rules on Participant Fee Disclosure Requirements
The Department of Labor published its final rule on participant fee disclosure, Fiduciary Requirements for Disclosure in Participant-Directed Individual Account Plans, on…
Many Americans have Yet to Face Reality Regarding Retirement
Nyhart Inc., an actuary and employee benefits consultant, recently conducted a six-month study reviewing nearly 10,000 participant retirement accounts at 110 public…
Plan Loans Now Exempt from Truth in Lending Act
Effective July 1, the Federal Reserve amended Regulation Z to exempt most plan loans from the reporting and disclosure requirements found in…
Legal Brief – Plan Investment Fee Cases Gaining Some Ground
401(k) participants of Southern California Edison (SCE) won a key legal victory against their employer when Judge Stephen V. Wilson of the…
Regulatory Update – DOL Issues Fee Disclosure Rules
In July, the Department of Labor released its long-awaited, interim final regulations on plan fee disclosure. These rules amend the existing law…
Study Finds Employee’s Want Automatic Contribution Increases
A recent poll conducted by LIMRA, an association that provides research, consulting and other services to the financial services community, suggests that…
Vanguard’s Reconstitution of its Target Date Funds Suggests Further Shift in G.A.I.T.
Vanguard stated its intention to increase the international equity exposure of its target retirement funds, LifeStrategy Funds, and STAR Fund from approximately…