Regional Vice President of Sales The Retirement Plan Company
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AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Bates & Company, Inc.
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Loan & Distribution Specialist AimPoint Pension
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Compass
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"[EBSA's] budget has decreased for 2014, but this will not affect enforcement.... Fred Reish, a partner in Drinker Biddle's Los Angeles office, said, in his experience, once the investigations are underway, the DOL has looked most closely at prohibited transaction issues by acknowledged fiduciaries.... Reish agreed that the industry can expect to see more enforcement when it comes to IRAs, but added, 'We may also see more about prohibited transaction exemptions like in [PTE 86-128 Class Exemption for Securities Transactions Involving Employee Benefit Plans and Broker-Dealers]. People will definitely need to be a bit more careful with IRAs.'"
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