DOL Participant Disclosure Regs on Hold - What to do?

[Guest pensionadmin]

My firm prepared to meet participant disclosure requirement regs and service provider disclosure regs the DOL was supposedly going to finalize before 12/31/2008. Now both are on hold. What are others doing? Still doing the disclosures? Wait until when and if new regs are issued? I am interested in hearing from others!

[John Feldt ERPA CPC QPA]

We are going to make the disclosures similar to those described in the proposed regs. We believe the disclosure is a benefit to all parties involved and that it will benefit us to prepare now, giving us a faster turnaround later - to just make any minor modifications (you know, someday, when either the existing proposed regulations are finalized, or new legislation is imposed, or completely new regulations are passed).