Regional Vice President of Sales The Retirement Plan Company
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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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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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EBSA Answers Questions on Proposed Fiduciary Definition Change
PLANSPONSOR; free registration may be required Oct. 22, 2010
Excerpt: [Fred] Wong, senior employee benefits law specialist, and author of the proposed regulation, said it is not designed to treat as a fiduciary a target-date fund investment manager for selecting underlying funds. Wong also noted that the proposal will not only affect employer-sponsored arrangements, but also IRAs since it extends to the Department of Labor's authority under Section 4975 prohibited transaction rules.
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