DOL Issues Final ERISA Section 408(b)(2) Regulations | Practical Law
On February 2, 2012, the Department of Labor (DOL) issued final regulations under Section 408(b)(2) of the Employee Retirement Income Security Act of 1974 (ERISA) requiring that certain service providers to pension plans disclose information about the service providers' compensation and potential conflicts of interest. These regulations make several changes to the interim final regulations previously issued by the DOL, including delaying the effective date to July 1, 2012.