Regulacje i polityka gospodarcza · 13/12/2007

DOL Proposes Class Exemption for Plan Fiduciaries in Case of Non-Compliance with ERISA Section 408(b)(2) Disclosure Requirements

The Department of Labor has issued a proposed class exemption that would relieve plan fiduciaries from prohibited transaction restrictions if they enter into non-compliant service arrangements with service providers, allowing them to avoid disclosing required information to plan participants and beneficiaries.