IDEAS
IMCA Legislative Intelligence provides updates and information on legislation and regulations that affect you and your clients. Monthly e-mail updates allow you to keep a pulse on the happenings in Washington and elsewhere.
Regulatory Alert
DoL Issues Final Service Provider Disclosure Rule
The Department of Labor on February 2 released a much-anticipated final rule for retirement plan service providers, known as the 408(b)(2) rule. The rule affects most defined benefit and defined contribution plan service providers, including benefits brokers, consultants and registered investment advisers who provide investment advisory services to plan sponsors. The rule does not apply to SEPs, IRAs, employee welfare plans, and certain 403(b) accounts. Click here for additional analysis of the new rule in the February Legislative Intelligence report.
IMCA as an education and credentialing organization does not lobby legislators or regulators nor advocate for any particular legislative or regulatory position either on its own or through its relationship with Morgan Lewis. This service is strictly informational and educational.
