8/23/2010
Brokers that regularly provide individualized investment advice to employment-based retirement plans from which they collect 12b-1 fees or commissions in violation of DOL rules are going to have to clean up their act with the implementation of a new disclosure rule that could highlight such a transg ...
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7/26/2010
If your firm serves as fiduciary to an ERISA pension plan, get ready for an onslaught in the next year of disclosures about compensation from service providers as a result of an interim final rule published earlier this month by the Department of Labor.The rulemaking makes disclosures about direct a ...
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07/16/2010
An interim final rule from the Labor Department, released in July 2010, requiring certain disclosures by service providers to fiduciaries of ERISA plans.
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7/5/2010
Most ERISA plan fiduciaries must annually electronically file with the Department of Labor a Form 5500. One mistake many fiduciaries commit is filing late. Other errors are forgetting to include the plan accountant's audit report and failing to keep a close eye on plan service providers.If you're la ...
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3/15/2010
You can have a hand in how the federal government regulates ERISA, annuities and other retirement options. The Department of Labor, Treasury and the IRS want to hear from you - by May 3. The agencies have put out a request for information seeking answers to dozens of questions designed to "enhance, ...
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3/8/2010
If your firm gets compensation from an affiliated custodian holding client ERISA and IRA accounts, pay attention to a new proposal from the Labor Department. It closely mirrors a rule issued as one of the last acts of the Bush Administration. The Obama Administration never implemented the provisions ...
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9/21/2009
The day after President Bush's term ended, the Department of Labor released a final ERISA rule that expanded the ability of investment advisers to be exempted from the Pension Protection Act of 2006 (PPA). Now - six months after the rule took effect - the Obama Administration is indicating it may sc ...
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08/28/2009
The Pension Security Act of 2009, HR712.
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8/3/2009
There'll be new space on Schedule C (service provider information) of the Department of Labor's trusty Form 5500 later this year reserved to report compensation received by investment advisers. Each year ERISA plans - including 401(k)s - must complete the form but a big change to be largely felt in ...
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2/23/2009
In what may be the first of its kind, a pension fund has sued an RIA for investing with Madoff, claiming the firm breached its fiduciary responsibility by not employing enough due diligence to steer clear of the arrested New York adviser.The target of the federal lawsuit filed in Pennsylvania is Aus ...
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