DOL Proposes Guide For Digesting 401(k) Fee Disclosures

Law360, New York (March 11, 2014, 7:03 PM EDT) -- The U.S. Department of Labor took a step Tuesday toward requiring pension plan service providers to give employers a road map to help them understand disclosures about compensation and possible conflicts of interest, proposing an amendment to a 2012 rule and seeking public input.

The proposal, which will be published in Wednesday's Federal Register, builds on a  February 2012 final rule that called on companies that perform certain services for employer sponsored 401(k) plans to disclose information about the services they provide and and the compensation...
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