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A Different Perspective on the New DOL Regulations: What 'Fee Disclosure' Rules Really Mean for Plan Sponsors (PDF)
Roland|Criss Link to more items from this source
[Guidance Overview]
Nov. 9, 2011
The emphasis made in commentaries by vendors' associations on the implications of the new rules for their members has inadvertently diminished the focus on plan sponsors' new duties under these regulations. Plan sponsors, for example, now have a responsibility to examine and audit the adequacy of their vendors' fees. The government's unfortunate use of the word 'disclosure' as the key word in the new rules disguises the urgency the rules dictate for plan sponsors and their roles.

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