Great-West, Lincoln Trust jump on plan and participant fee disclosures
Lincoln Trust and Great-West claim the Labor Department's disclosure rules don't go far enough when it comes to fixed general account fees for insurers.
It isn't too often when the financial services industry claims that its regulatory system isn't tough enough, but that's the conclusion that Lincoln Trust Co. and Great-West Retirement Services have made.
This summer, both firms ramped up their retirement plan fee disclosure in anticipation of upco
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