Rachel Arbour Quoted in Benefits Canada Across Borders
Rachel Arbour discussed disclosure of DC plan fees with “Benefits Canada Across Borders in an article entitled U.S. litigation prompts a focus on disclosure”. The article investigates a trend in the U.S. of class actions on behalf of DC plan members regarding fees charged to their accounts and the potential implications for DC plans in Canada. Arbour says, “We believe there’s a potential for these claims…it would be prudent to be aware of indirect fees and disclose all fees in light of the U.S. litigation.”