LexisNexis® Legal Newsroom
Sutherland Alert: DOL Proposes Further Disclosures for Target Date Funds and Default Investments

On November 30, 2010, the Department of Labor (DOL) proposed new regulations requiring plan fiduciaries to provide enhanced disclosures about target date funds to retirement plan participants directing their own investments. The proposal would also amplify the investment information that must be disclosed...

Employee Benefits: The Importance of the Official Plan Document

by Sara E. Hauptfuehrer “Every employee benefit plan shall be established and maintained pursuant to a written instrument.” That is the first sentence in ERISA’s fiduciary responsibility provision. The ERISA-mandated “written instrument” – the official plan document...