While they will not take effect until April 2012, the first changes from the new DOL disclosures have already emerged, months before the new rules are slated to become effective.
“The U.S. job market is showing signs of a sustained recovery. But the country’s prolonged struggle with unemployment will leave scars that are likely to remain for years, if not generations.” –Ben Casselman, The Wall Street Journal, Jan. 9, 2012 While the prevailing mantra for the upcoming election is “job
“Verizon Wireless bowed to a torrent of criticism on Friday and reversed a day-old plan to impose a $2 bill-paying fee that would have applied to only some customers.” —New York Times, Dec. 30, 2011 If a $2 per month fee can reverse the decision of the nation’s largest cell
“Between 1984 and 2009, the median net worth of a member of the U.S. House of Representatives more than doubled, according to the analysis of financial disclosures, from $280,000 to $725,000 in inflation-adjusted 2009 dollars, excluding home equity.
If you participate in a 401(k) plan or have a role in administering one, the year 2012 will be important. The reason: 2012 is when administrators and plan participants will be discussing the little-known practice of revenue sharing and how their 401(k) plan providers charge for their services. On April 30, 2012, the Department
At one time, Europe was considered the trendsetter in fashion, design and political thought. Now, a new study by Greenwich Research shows that Europe is leading the way in fee reductions and introducing new investment products centered around ETFs and specialized funds. The reason for the re-positioning is due to