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Speakers Tell ERISA Advisory Council More Guidance Needed from DOL to Boost Savers' Lifetime Income Option (PDF)
Pension Rights Center in Bloomberg BNA Pension & Benefits Reporter 
Aug. 26, 2014 "Norman P. Stein, a law professor at Drexel University School of Law, speaking on behalf of the Pension Rights Center, told the [ERISA Advisory Council] that the Department of Labor could 'issue guidance on steps employers can take to educate employees on how to evaluate plan distribution options without creating potential fiduciary liability on the part of the employer.' The DOL also could consider creating 'model documents for employers to provide employees to guide them in making decisions about plan distribution options,' or working with outside professional groups to create model documents[.]" MORE >> |
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