Compass
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Bates & Company, Inc.
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AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Labor Department Amends Class Exemption for Qualified Professional Asset Managers (PDF)
Pillsbury Winthrop Shaw Pittman LLP Sept. 13, 2005 5 pages. Excerpt: On August 23, 2005, the Department of Labor ... published final amendments ... to prohibited transaction class exemption ... 84-14, which covers transactions involving employee benefit plans managed by qualified professional asset managers as defined in the exemption ('QPAMs'). The Amendments generally reduce the administrative burdens associated with compliance with the exemption but also raise the standards that QPAMs must meet[.] |
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