Fee disclosures create paper mountain for retirement-plan fiduciaries

03/13/2014 | InvestmentNews (free registration)

A proposed Labor Department regulation would require service providers to give plan fiduciaries a guide to help them navigate fee-disclosure documentation. "What we've seen is more than just a couple of lengthy, complex disclosures. Some are filled with legalese. Some have information that's split between multiple documents," said Phyllis Borzi, head of the Employee Benefit Security Administration.

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