Benefits & ERISA Law

A Nice Explanation of the DOL Advisory Opinion on Target-Date Funds

I like this (relatively) new blog here, the Benefits and Employment Observer, by the lawyers at the small - only in numbers - Washington D.C. shop of Bailey & Ehrenberg. This is the cleanest, most easily understood presentation of the findings of the DOL's recent advisory opinion 'addressing the issue of whether the assets of ‘target-date' or ‘lifecycle' mutual funds constitute ‘plan assets' of employee benefit plans which invest in the funds' that I have come across over the couple of weeks since the opinion's issuance.

Full post as published by Boston ERISA Law Blog on December 17, 2009 (boomark / email).