Comments regarding regulation mandating a 408(b)(2) disclosure guide

June 10, 2014

"The Retirement Advisor Council (“The Council”) is grateful for the opportunity to comment on the Department of Labor’s proposed Amendment Relating to
Reasonable Contract or Arrangement Under Section 408(b)(2) – Fee Disclosure."

Information collection to evaluate the effectiveness of 408(b)(2) disclosure requirements

May 12, 2014

"The Retirement Advisor Council (“The Council”) is grateful for the opportunity to comment on the Department of Labor’s proposed collection of information titled "Evaluating the Effectiveness of the 408(b)(2) Disclosure Requirements.""

Position on rollovers from plan assets

March 15, 2011

"There is ample evidence that individuals who work with a professional advisor enjoy better retirement outcomes than participants left to their own devices. Current and proposed regulations however can prevent the advisor to a retirement plan from also providing advice to individual participants if that advisor receives compensation from that advice. Of particular concern is participants’ ability to access advice from the person they know well, who can help them most when they separate from service to retire: the advisor to the plan."