Regulacje i polityka gospodarcza · 24/10/2007

New ERISA Regulation Sets Guidelines for Qualified Default Investment Alternatives

The US Department of Labor has released a final regulation implementing recent amendments to the Employee Retirement Income Security Act of 1974 (ERISA), which outlines the types of investments that qualify as default investment alternatives for participant-directed individual account pension plans, providing relief to plan fiduciaries from liability for losses resulting from such investments.