Nicholas Pension Consultants
The Retirement Plan Company
Orange County Employees Retirement System
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Abacus Retirement Solutions, LLC
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|DOL Issues Final and Proposed Revisions to QPAM Exemption (PDF)|
Sept. 21, 2005
2 pages. Excerpt: The Department of Labor has finalized revisions to the ERISA class exemption that permits parties-in-interest to participate in investment transactions with a plan managed by a 'qualified professional asset manager' (QPAM). The Department has also proposed additional amendments to facilitate the use of the exemption by financial services companies for their own plans.
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