Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Fidelity Gets a Jump on New 401k Reg Compliance Not Rated 3.0 Email Routing List Email & Route  Print Print
Monday, June 11, 2012

Fidelity Gets a Jump on New 401k Reg Compliance

News summary by MFWire's editors

The 401(k) industry faces July 1 and August 30 deadlines to comply with new fee disclosure regulations from the Department of Labor (DoL), and Ned Johnson's team is getting press for being ahead of the game.

Fidelity [profile] spokesman Mike Shamrell confirmed to MFWire.com that the Fidelity team started sending out participant notices in April, with "several million" sent since. Jessica Toonkel of Reuters picked up on the Boston Behemoth's move.

Citing unnamed sources, the wire service said that Fidelity's call centers have only received about 600 calls so far on the disclosures. Perhaps fee disclosure will not shake up participants and plan sponsors much. 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

3.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use