InvestmentNews staff predictions for 2022
Industry: The Department of Labor is going to finalize regulations for its annual retirement plan filings — and in doing so, it will likely deal a blow to the group-of-plans structure that will become available to plan providers in 2022. The DOL is going to require every employer participating in a group of plans to conduct its own audit, which will give those plans an unexpected disadvantage. This will make 401(k) providers consider pooled employer plans or other arrangements to serve small businesses.
Emile Hallez
Insurance & Retirement Reporter
InvestmentNews