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DOL Officials Say Investment-Only Funds Must Reveal Fees
Pensions & Investments Link to more items from this source
[Guidance Overview]
Feb. 4, 2008

Excerpt: Previously, it was thought that only those mutual fund companies that provide record-keeping or other services to 401(k) plans would be required to track and disclose compensation arrangements with their vendors under the proposed rule. But Labor Department officials dropped a bombshell at a Jan. 28 meeting between government officials and pension industry lobbyists. Regulators then said the rule also would affect mutual funds that provide investment-only services for a 401(k) or other ERISA plan.

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