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You may not believe it, but there really are government forces trying to help you become better informed about your workplace retirement plan.
I wonder if their efforts are in vain.
The Department of Labor is moving ahead with a proposal for transparency, opening a 90-day comment period to collect opinions on a proposed guide to help employers find fee information in disclosures they get from the investment companies that manage their 401(k)-type retirement plans.
The department felt it needed to step in because companies were having a hard time locating the required fee information, which often was buried in legalese and multiple documents, said Phyllis C. Borzi, assistant labor secretary for employee benefits security.