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DOL Clarifies the Reporting of Fees & Commissions on Form 5500
Ice Miller
May 26, 2005 Excerpt: The Schedule A (Form 5500) Information You Received From Your Insurance Company May Not Be Accurate. In response to allegations that some insurance companies have been underreporting commission and fee payments to brokers and agents, the Department of Labor (DOL) has issued an advisory opinion clarifying its views regarding the current Schedule A reporting requirements. MORE >> |
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