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Retirement Advisor Council Comment Letter to DOL on Proposed Fee Disclosure Guide (PDF)
Retirement Advisor Council Link to more items from this source
June 11, 2014
"[P]eriodic cost and service benchmarking are more beneficial to plan fiduciaries than fee disclosures combined with the proposed guide.... [I]nformation delivered in writing rarely satisfies plan sponsors' need for assistance because many lack the time, interest, or expertise needed to dedicate several hours to study the information presented.... Simpler disclosures sometimes make for more complex decisions."

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