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News Archive
Discussion of Participant Fee Disclosure FAQs in Department of Labor Field Assistance Bulletin 2012-02
To a large extent, the Department of Labor’s 38 Q&As on the pending participant fee disclosures, contained in Field Assistance Bulletin (FAB) 2012-02, provide exactly what the retirement community is seeking – clarification and explanation of the new rules for participant fee disclosures that must be provided by August 30. However, the now-... Read More >>
403(b) Plan Sponsors Making Great Strides
Sponsors of 403(b) retirement plans continue to adapt to new regulations from the Department of Labor (DOL). The not-for-profits continue to make improvements, especially to investment line-ups. These insights and more are revealed in the latest 403(b) plan sponsor survey from the Plan Sponsor Council of America (PSCA). The survey, which was... Read More >>
PSCA President, David Wray, Announces His Retirement
David L. Wray, President of the Plan Sponsor Council of America (PSCA), will retire, effective September 30, 2012. “With more than 50 years in the workforce, it’s time to focus on my family,” Wray said. “Announcing my retirement at this time recognizes that PSCA is well positioned for a successful future. PSCA has a strong brand and loyal plan... Read More >>
DOL Issues FAQs on Fee Disclosure Regulations
The Department of Labor has issued Field Assistance Bulletin No. 2012-02 on fee disclosure guidance. This Field Assistance Bulletin lists FAQs about the new fee disclosure regulations. Read More >>
The Signature Awards Entry Deadlines Have Been Extended!
The entry deadlines for the 2012 Signature Awards have been extended! Early Entry Deadline: May 25, 2012 $100 for each PSCA Member Company entry $200 for each Non-Member Company entry Final Entry Deadline: June 22, 2012 $150 for each PSCA Member Company entry $250 for each Non-Member Company entry Visit the Signature Awards page to learn more... Read More >>
PSCA Joins Others in Urging Preservation of Employer-Provided Retirement Plans
The employer-sponsored retirement plan system has introduced tens of millions of American workers to retirement saving. PSCA remains comitted to preserving the employer-sponsored retirement system. For more details, view the complete PDF. Read More >>
Will the New 408(b)(2) Regulations Have an Impact on 401(k) Plan Design?
PSCA has released its 55th Annual Survey questionnaire. See our press release to learn how you can receive a free copy of the results (a $375 value) by participating. The questionnaire deadline is May 11. 2012. Read More >>
PSCA Joins Group's Appeal for DOL to Adopt "Notice of Availability" Paradigm for Required Disclosures
Read the full letter to Phyllis C. Borzi, Assistant Secretary, Employee Benefits Security Administration. The letter addresses electronic delivery guidance under Section 404(a) of ERISA. Read More >>
Everything You Need to Know About the New Fee Disclosure Rules
PSCA's Midwest Regional Conference on March 14, 2012, at the Hyatt Regency O'Hare will be a valuable resource for plan sponsors in terms of learning about the new fee disclosure rules and how they will affect employer-sponsored defined contribution plans. View the press release. Learn more about PSCA's Midwest Regional Conference. Read More >>
Benchmarking Survey to Identify 403(b) Plan Trends and Best Practices
PSCA, in conjunction with Principal Financial Group®, have released the fourth annual survey questionnaire for the 403(b) Plan Survey. The survey will take less than 15 minutes to complete, and responses must be submitted by March 9, 2012. Participate in the 403(b) Plan Survey. View the press release. Read More >>