Like it or not, the new retirement plan fee disclosureregulations from the Department of Labor (DOL) are here to stay.The good news, however (yes, there is a positive side to allthis), is that you can use these regulations to demonstrateyour value, service and expertise.
Preparation is the key, and the time to prepare is rightnow. Although the DOL extended the effective date for thenew plan sponsor fee disclosure rules to Jan. 1, 2012, you stillneed to get a jump on the rules—and how you’ll handle them—to makethe most of this opportunity. These five key steps will help.
Step #1. Educate yourself
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