Workforce Bulletin

Last year, two significant sets of regulations were issued that will affect qualified plan fiduciary responsibility and administration.  Last July, interim final regulations were issued requiring retirement plan service providers to disclose detailed information regarding their fees and potential conflicts of interest to plan fiduciaries.  These service provider disclosures were scheduled to apply to plan contracts and arrangements for services on or after July 16, 2011.  Since those regulations were issued, there has been much discussion surrounding compliance with these ...