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Bates & Company, Inc.
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AimPoint Pension
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Compass
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Lawmakers Respond to SEC Proposed Rules for Target Date Funds
PLANSPONSOR; free registration may be required Aug. 25, 2010 Excerpt: In the letter, [the three Senators] recommended that the SEC both broaden the application of the rule to non-mutual funds and require the inclusion of additional disclosures in marketing materials [and] they urged the SEC, together with the Department of Labor, to remind plan fiduciaries of their duty to prudently select and monitor target-date funds offered to participants in defined contribution pension plans. |
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