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PSCA Executive Reports

July 31, 2018

ERISA Advisory Council

DOL announced on July 16 that the ERISA Advisory Council will hold a three-day meeting starting on August 14 to examine ERISA’s bonding requirements and the use of lifetime income products as qualified default investment alternatives. We expect this meeting to build on the issues discussed during the Council’s June meeting, and any recommendations could form the basis for future DOL regulations or other guidance. 

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