RSI In The News
American Executive magazine taps RolloverSystems to provide expert advice for providing robust employee benefits while staying in compliance.
Just when a robust retirement benefit is increasing in importance for your employees, retirement plan regulations are getting more complex. Between Supreme Court rulings that employees can sue plan sponsors for negligence and the Department of Labor memos pressing for more transparency in plan fees, it’s tough to keep up on what you need to do to both provide a decent benefit and comply with applicable regulations.
As a fiduciary for a retirement plan, it’s incumbent on you to periodically review your plan to make sure your employees are receiving a quality offering in terms of investment options offered, fees, disclosures, and education. Here is a five-step plan to go about evaluating what you’ve got and deciding whether or not you need to make a change.
Click to read the full article.