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Products February 15, 2011
DALBAR Announces Fee Disclosure Solution
February 15, 2011 (PLANSPONSOR.com) - DALBAR and FiduciaryPlanReview.com announced a joint venture to help deliver the fee disclosures required by brokers/dealers under new 408(b)(2) regulations.
Reported by Rebecca Moore
The new service, 408(b)(2) Delivery collects the data through an automated interface with retirement plan recordkeepers, verified and complimented by input from advisers. It is open for enrollment immediately so as to meet the new deadline of January 1, 2012 (see EBSA Sets New 408(b)(2) Deadline for January 2012).
DALBAR said 408(b)(2) Delivery is the alternative for broker/dealers that do not have the data to comply or seek a solution that is expected to be the standard practice in the industry.
Visit http://www.DALBAR.com or e-mail info@DALBAR.com for a description of the 408(b)(2) Delivery service.