Sentences with phrase «written fee disclosures»

Written fee disclosures, which are required by law, don't always have the effect they're meant to because «participants don't always read it.»

Not exact matches

«Evolving regulatory disclosure requirements have increased the disclosure in recent years of information about fees in the industry, but there is nothing new nor unusual about our fees and administrative expenses or disclosure practices which are fully compliant with regulatory requirements,» wrote O'Brien and Poirier to Maclean's.

Part V, as amended, requires that prior to an extension of credit, the plan must receive from the fiduciary written disclosure of (i) the rate of interest (or other fees) that will apply and (ii) the method of determining the balance upon which interest will be charged in the event that the fiduciary extends credit to avoid a failed purchase or sale of securities, as well as prior written disclosure of any changes to these terms.

See http://janebryantquinn.com/2010/09/have-an-annuity-with-lifetime-income-guarantees-dont-give-it-up/ I have written negatively about equity - indexed annuities (which the industry likes to call «fixed annuities,» even though they aren't fixed), due to lack of disclosure, hidden fees and, yes, abusive sales, as several lawsuits by attorneys general can attest.

The Best Practices advisor, without uttering a word, «speaks» loudly in simple actions such as putting agreements and disclosures and services and fees and expenses in plain language and clear writing.

Wrap Fee Brochure: A written disclosure statement or brochure that includes at least the information designated in Schedule H to Form ADV for a wrap program, including the fees, services, and policies of the wrap program, and any restrictions on clients.

Also some of the 401 (k) providers look sponsors in to their plans with crazy high exit fees that were written in 6 point font on page 96 of the plan disclosure document in some combination of legalese and calculous.

Compare mortgage quotes: insist on written disclosures with mortgage rates and fees.

Any bank should provide a written disclosure of terms and conditions, including checking account fees, so be sure you read the disclosure before you commit to an account.

I've already written in the past however, that while I think more mutual fund fee disclosure is good, I doubt it will make much of a difference.

A copy of our current written disclosure statement discussing our advisory services and fees is available for your review upon request.

Once you decide a client is qualified and agree on a payment plan, you should provide a terms disclosure, a written payment schedule, automatic draft authorization, and your fee agreement.

The standard doesn't require that the disclosure be included in a listing agreement or even that it be in writing, but it does require that the seller be told what the cooperative fees will be.

Where a licensee receives remuneration, such as a referral fee, as a result of making a recommendation to a client, or recommending a client to a party, the disclosure must be in writing, but, it may NOT be in a written service agreement or any other agreement giving effect to a trade in real estate.

In all cases where a licensee receives a referral fee, air miles or any other form of reward or benefit for referring a client to such individuals as noted above, the licensee must make written disclosure of both the source of the remuneration, the amount or method of calculation of the remuneration and any other relevant facts relating to the remuneration.

Truth - in - Lending: a federal law obligating a lender to give fuII written disclosure of aII fees, terms, and conditions associated with the loan initial period and then adjusts to another rate that lasts for the term of the loan.

Under the HUD exemption, lenders need not provide the RESPA GFE and RESPA settlement statement when six prerequisites are satisfied: (1) The loan is secured by a subordinate lien; (2) the loan's purpose is to finance downpayment, closing costs, or similar homebuyer assistance, such as principal or interest subsidies, property rehabilitation assistance, energy efficiency assistance, or foreclosure avoidance or prevention; (3) interest is not charged on the loan; (4) repayment of the loan is forgiven or deferred subject to specified conditions; (5) total settlement costs do not exceed one percent of the loan amount and are limited to fees for recordation, application, and housing counseling; and (6) the loan recipient is provided at or before settlement with a written disclosure of the loan terms, repayment conditions, and costs of the loan.