Tag: 401(k) fees|401(k) plans|Congress|Department of Labor|International pensions|Regulation|Study
On Defined Contribution Plans, U.S. Should Follow Other Countries: Report
This week U.S. defined contribution plan sponsors received a startling piece of news: At least four countries outside the U.S have better fee disclosure practices than those in the U.S. The report, issued by the General Accounting Office in March, reviewed best practices in hopes of enlightening U.S. retirement plan providers and regulators.