HOUSE 401(k)FEE DISCLOSURE BILL UNLIKELY TO PASS IN '08.(Out Front)

From: Workforce Management | Date: May 5, 2008 | Copyright information

Byline: Mark Schoeff Jr.

Under a bill approved along party lines by the House Education and Labor Committee on April 16, retirement plans would have to provide greater transparency on the fees that they charge participants.

A vote on the House floor later this year may be the end of the road for the bill until 2009. Yet, the House Ways and Means Committee also could offer its own version of the bill. Very little is happening in the Senate on this issue. A simi...

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