For some financial professionals, changes to Section 408(b)(2) of ERISA may have seemed like a one and done effort—or even something someone else had to worry about. But, the story doesn’t end there.
The Department of Labor (DOL) has already added a question to their audit checklist asking plan sponsors for all their 408(b)(2) disclosures. This likely means we’ll be dealing with the ramifications for a long time.
So, what can financial professionals do to prepare for (and make the best of) this on-going requirement? Read more