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Products June 26, 2007
CIEBA Updates DC Fee Disclosure Best Practices
June 26, 2007 (PLANSPONSOR.com) - The Committee on
Investment of Employee Benefit Assets of the Association for
Financial Professionals (CIEBA) has released an updated
version of its primer, "Defined Contribution Fee Disclosure
Best Practices."
Reported by Rebecca Moore
The revised document provides a guide for plan sponsors to use as they develop fee disclosure materials for defined contribution plan participants, according to a CIEBA press release. The primer outlines principles on fee disclosure, general guidelines, and investment-specific information for sponsors to consider.
In addition, the booklet contains sample disclosure statements for different types of plan services and investments.
The “Defined Contribution Fee Disclosure Best Practices” primer can be accessed here .