7/24/2008: Labor Department Proposes Dollar-Based 401(k) Fee Disclosure (Money Management Executive via On Wall Street)
Excerpt: "The Department of Labor on Tuesday proposed requiring 401(k) plan fiduciaries to supply investors with standard account summaries that will clearly state fees, expenses and any administrative costs such as legal, accounting and recordkeeping charges -- in actual dollars; performance and comparable benchmark returns; investment options; and how to obtain more detailed information, including education and/or advice."
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