DOL Action for Restoration of Benefits

April 25, 2014 at 1:02 pm Leave a comment

The Department of Labor (DOL) has posted a news brief about an investment advisor’s restoration of benefits to retirement plans at http://www.dol.gov/opa/media/press/ebsa/EBSA20140628.htm.  Although it is sad to hear that these events still occur, it serves as a good reminder for plan sponsors to thoroughly check out their advisors.  It is important to ensure they are acting in the best interest of plan participants and are charging reasonable fees.

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Christine Gurney

A pension professional who shares her thoughts and ideas about the pension world for industry members and anyone else interested.

@ChristineGurney

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