EPIC Retirement Plan Services
Plumbers Local Union No. 1 Benefit Funds
Hochheiser Deutsch & Co, Inc.
Trucker Huss, A Professional Corporation
Nicholas Pension Consultants
ERISA Services, Inc.
Carpenter Morse Group
Loren D. Stark Company
Bates & Company
Farmer & Betts, Inc.
RTD Financial Advisors
Kentucky Trust Company
Retirement Plan Consultants
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|GAO Testimony: Additional Disclosures Could Increase Transparency of Mutual Fund Fees and Other Practices|
U.S. Government Accountability Office [GAO]
Jan. 27, 2004
23 pages. "Changes in how mutual funds pay intermediaries to sell fund shares have benefited investors but have also raised concerns. Since 1980, mutual funds, under SEC Rule 12b-1, have been allowed to use fund assets to pay for certain marketing expenses. Over time the use of these fees has evolved to provide investors greater flexibility in choosing how to pay for the services of individual financial professionals that advise them on fund purchases. Another increasingly common marketing practice called revenue sharing involves fund investment advisers making additional payments to the broker-dealers that distribute their funds' shares. However, these payments may cause the broker-dealers receiving them to limit the fund choices they offer to investors and conflict with their obligation to recommend the most suitable funds." [GAO-04-317T, published Jan. 27, 2004, released Jan. 27, 2004]
|Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).|
|An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).|