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Pillsbury | USA | 20 Sep 2011

Labor Department releases interim guidance on electronic delivery of fee disclosures for participant-directed plans

On September 13, 2011, the U.S. Department of Labor (“DOL”) in Technical Release 2011-03 (the “Release”) released interim guidance on how plan administrators may use electronic media to deliver the newly required fee disclosures for participant-directed plans.


Pillsbury | USA | 1 Nov 2010

Labor Department issues final regulations on fee disclosures for participant-directed plans

On October 14, 2010, the U.S. Department of Labor released final regulations detailing a plan administrator’s fiduciary responsibilities regarding disclosure of plan and investment-related information, including fee and expense information, to participants and beneficiaries of participant-directed individual account plans such as 401(k) plans.

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