Administration February 14, 2011
SPARK Finalizes 403(b) Info Sharing Standards
February 14, 2011 (PLANSPONSOR.com) – Following a recent two-week public comment period on a draft version, the SPARK Institute has released a final updated version of its information sharing best practices for 403(b) plans.
Reported by PLANSPONSOR staff
Larry Goldbrum, General Counsel said “This update of Version 1.04 reflects certain industry developments that occurred since it was originally published in June 2009.” . He said there were no significant changes to the draft as a result of public comments. The effective date of the updated version is October 1, 2011.
The new stanards are here. .
You Might Also Like:
How Should Plan Sponsors Stand Up a New Retirement Plan Committee?
Plan sponsors can find education and training for their retirement plan committees from several sources, but how best to build...
How Sponsors Can Get the Most out of DC Plan Design Changes
Annuities may be a hot topic, but sponsors can add the most value to plans by incorporating features like auto-enrollment...
Benefits |
DOL Prevails in Court Orders, Removing TPA From Acting as Fiduciary for Sponsors
The regulator prevailed in motions against a Pennsylvania retirement third-party administrator it alleges stole $5.5 million in retirement plan assets...