New Department of Labor regulations obligate certain service providers to pension plans to make detailed disclosures to responsible plan fiduciaries. If these disclosures are not received by July 1, 2012, then the contract with the covered service provider will be a prohibited transaction under ERISA.
Learn more about what service providers have an obligation to make these disclosures as well as the information which must be disclosed in the Sponsor Alert from Terry Connerton, Member of Metz Lewis Brodman Must O’Keefe LLC.
