In the ever-changing football game that is the timing of 408(b)(2) fee disclosures, today brought another move: A request, on the behalf of ASPPA, to consider a one-year period of "transitional relief" for the implementation of the rules.

While there have been several extensions and delays in implementation of the rulings, Craig P. Hoffman, general counsel and director of Regulatory Affairs for ASPPA, has requested that the DOL consider a one-year grace period to allow plan sponsors and providers more time to put the disclosure regs into place.

As Hoffman said, that's mostly because the long-awaited "Frequently Asked Questions" guide, promised by the DOL - which many in the industry hoped would help tie up many of the loose ends still remaining about disclosure regulations - has not actually materialized, despite being promised about three months ago.