WASHINGTON - Many investment industry leaders are worried that the proposed 401(k) fee disclosure regulations currently being pushed through Congress will actually increase the fees investors pay and increase their confusion.

"Regulators feel they need to add nuances to 401(k) fee disclosure, but what's it going to cost the industry to comply?" asked Fred Teufel, a principal of institutional retirement plan services at The Vanguard Group, during the Society of Professional Asset-Managers and Record Keepers' conference titled "Retirement Plans at a Crossroad" held here last week at the Mandarin Oriental Hotel.

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