• US Department of Labor Issues Final Rule on Service Provider Fee Disclosure
  • February 22, 2012 | Authors: Elizabeth Dyer; Erika Gosker; Herbert W. Krueger; Lennine Occhino
  • Law Firm: Mayer Brown LLP - Chicago Office
  • On February 3, 2012, the US Department of Labor (DOL) issued a final rule (the Final Rule) amending its longstanding regulations interpreting the statutory exemption for the provision of plan services under Section 408(b)(2) of the Employee Retirement Income Security Act (ERISA). The Final Rule will become effective on July 1, 2012 (the Effective Date) for all new and existing service provider relationships covered by the Final Rule.