With the government looking into improving disclosure of fees in 401(k) plans and expected to issue new guidelines before the end of the year, Mercer Human Resource Consulting is recommending that plan sponsors address the issue early on.

“Given the high profile of this topic, both in the media and in the courtroom, we strongly recommend that DC plan sponsors take a proactive rather than  reactive approach,” said Bill McClain, a principal at Mercer.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.