Category: Regulatory Updates
Video—Regulatory Update
September 19, 2012 — ASPPA’s General Counsel and Director of Regulatory Affairs, Craig Hoffman, discusses FAQ # 39 from the Department of Labor’s (DOL) recently released Field Assistance Bulletin 2012-02R…
Video—Regulatory Update
ASPPA’s General Counsel and Director of Regulatory Affairs, Craig Hoffman, discusses FAQ # 37 from the Department of Labor’s Field Assistance Bulletin 2012-02.
Regulatory Update: FAQs Expected from the DOL
Since the Department of Labor issued the final fee disclosure regulation in February, many questions have been raised on the exact impact of the new rule. In particular, the meaning of the term “designated investment alternative” and whether asset allocation strategies should be classified as such.
Video: Regulatory Update—DOL Releases Final Fee Disclosure Rules
After a much anticipated wait, the U.S. Department of Labor (DOL) released the final 408(b)(2) fee disclosure regulation that dictates what covered service providers must disclose to plan fiduciaries in conjunction with providing services to a covered plan . But what does the late release of the regulation mean for retirement professionals?
NAIRPA Issues Comments to SEC on Target Date Funds
The National Association of Independent Retirement Plan Advisors (NAIRPA) responds to the U.S. Securities and Exchange Commission’s (SEC) request for information on Target Date Fund disclosure…
ASPPA Issues Comment on DOL Fee Disclosure Regulation
ASPPA responds to the U.S. Department of Labor’s (DOL) request for comments on the Interim Final Regulation §2550.408b-2(c) which imposes new fee disclosure requirements on retirement plan service providers.
ASPPA Asks For Interagency Coordination on Multiple Employer Plan Reporting
The following is a statement from Craig P. Hoffman, General Counsel and Director of Regulatory Affairs of ASPPA to the U.S. Department of Labor (DOL) and the Internal Revenue Service (IRS) requesting clarification and transitional relief for filling of Forms 5500 and 8955-SSA for multiple employer plans obligated to report under both the ERISA and the Internal Revenue Code (IRC).