News | 11.25.19
Prospects for Electronic Delivery Sparking Enthusiasm for More
Plan sponsors and record-keepers hope that a new Department of Labor proposal that would permit default electronic delivery of retirement plan disclosures will be expanded further. The proposal includes a request for information on whether additional steps could be taken to improve participants' retirement plan disclosure experiences. Brian Kearney, a principal at Mercer says the proposal indicates there will be further guidance on the issue. "The questions seem to be looking at modernizing disclosures beyond just the delivery of them," he said.
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