Clear Disclosure Partners launched its Clear Disclosure Program for retirement plan professionals servicing 401(k) plans.
The new service is used by third-party administrators (TPAs), recordkeepers and retirement plan consultants to assist their plan sponsor clients in monitoring the ongoing regulatory disclosure information of registered financial advisers providing investment advice.
Clear Disclosure Partners is a regulatory compliance firm whose staff members are qualified, independent experts with decades of experience in monitoring financial adviser regulatory disclosure information. It specializes in the ongoing review of 401(k) plan service provider disclosures on behalf of retirement plan sponsors and other fiduciaries, including documenting results for Department of Labor (DOL) and Employee Retirement Security Act (ERISA) compliance files.“Most retirement plan sponsors don’t have the capability to manage an effective and compliant 401(k) plan,” says Dave Dickinson, president of Clear Disclosure Partners. “That’s why it’s essential to hire and rely on qualified experts—and even more essential to watch the experts like a hawk.”