The Department of Labor (DOL) has issued the long-awaited final regulation related to service provider fee disclosures. The DOL has also extended the compliance date to July 1, 2012. The final regulation makes a number of changes to the disclosure obligation of service providers, some of which provide limited relief though others increase the disclosure requirements. The regulation provides a sample "guide" a service provider can give to a covered plan to assist the responsible plan fiduciary in finding the required disclosures, but use of the guide is not mandatory.

To view a copy of the announcement from the DOL's website, click here.

To read the DOL's summary of changes, click here. To read its Fact Sheet for the regulations, click here.

Download PDF