Tag: disclosure rules

Plan Sponsors’ Loyalty to Service Providers Increases, Study Shows

By Jane Meacham, Contributing Editor Aug 15, 2012 Benefits and Compensation

Updated: Aug 15, 2012

In spite of significant changes now in progress for the fee disclosures required from retirement fund service providers, a study of plan sponsors’ loyalty to these vendors shows increased satisfaction with them. The survey’s results may indicate that new fee transparency rules alone may not sway many plan sponsors to switch providers. The annual study […]

DOL Clarifies E-Delivery of Participant Fee Disclosures

By Todd Leeuwenburgh Sep 28, 2011 Benefits and Compensation

Updated: Sep 28, 2011

It’s important to disclose information through ERISA-required documents properly: it can be a plan administrator’s last line of defense if participants allege that they suffered losses because they didn’t know their rights or important plan terms. That obligation has  grown in response to the financial scandals of the last decade (Enron, WorldCom, mortgage-leveraged bonds, etc.). […]