Defined Benefit Calculation Specialist/Actuary The Angell Pension Group, Inc. |
Bates & Company |
United 401(k) Plans, Inc. |
Prime Pensions, Inc. |
Trucker Huss, A Professional Corporation |
Retirement Plan Legal Specialist Pentegra |
Central Pension Fund of the IUOE |
Benefit Associates, Inc. |
Carpenter Morse Group |
Retirement Plan Relationship Manager ERISA Services, Inc. |
Central Pension Fund of the IUOE |
Compass Retirement Consulting Group, Inc. |
Retirement, LLC |
Nicholas Pension Consultants |
DPS Retirement Plan Consultant EPIC Retirement Plan Services |
Nova 401(k) Associates |
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
| |
<< Previous news item | Next news item >>
Coalition Letter to Congress on DOL's Proposed Rulemaking Expanding Fiduciary Investment Advice Under ERISA (PDF) Approximately 500 Trade Associations, Chambers of Commerce, Employer Organizations, and Small Businesses ![]() [Opinion] Sept. 29, 2015 18 pages. "Because an advisor to a small plan is not carved out of the rule, the advisor who is trying to market retirement saving options to a small plan is considered to be providing investment advice and must determine how to comply with the rule. Advisors to large plans are not burdened with these additional hurdles.... [T]he new exemption proposed by the DOL may not apply to small business plans.... Even if the new exemption -- called the 'Best Interest Contract Exemption' -- does apply, it would itself substantially increase costs for advisors due to its many conditions and requirements.... [T]he DOL's proposed regulations risk hurting the very small businesses and workers they are intended to protect." |
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above). |
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified). |