On July 16, 2012, the rules governing every 401(k) and every private pension plan in the United States changed. The primary service providers to these plans – trustees, advisors, investment managers, record keepers and other fiduciaries – must provide new fee disclosures to their plan clients, or else their contracts will no longer be “reasonable” arrangements exempted from ERISA’s prohibited transaction rules. Moreover, the government is watching. Listen to today’s program to learn about how you can protect yourself and your company from an audit and further learn from our guest John Starr
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