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Compliance July 19, 2010
Reish & Reicher Provide Side-By-Side on Fee Disclosure
July 19, 2010 (PLANSPONSOR.com) – Last week the Department of Labor released its “interim final regulation” under ERISA Section 408(b)(2) related to the disclosure of fees by service providers.
Reported by Nevin E. Adams
While the particulars of that new regulation were published here last week (see DoL Issues New Rules on Fee Disclosure), and the particulars of the prior regulation published previously as well (see EBSA Puts Out Provider Fee Disclosure Proposal), Reish and Reicher’s Fred Reish and Bruce Ashton have put together an information piece on the new regulation, with a helpful side-by-side chart outlining the major differences between this new regulation and the one proposed in 2007.
The chart is available at http://www.reish.com/publications/pdf/DOLfinalfeedisc408(b)(2).pdf
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