Webcast on Fiduciary Responsibilities

The Department of Labor’s Employee Benefits Security Administration is offering a series of two webcasts on Tuesday, March 27, and Wednesday, March 28, both from 1:00 to 2:30, on the topic of ERISA fiduciary duties. Both are free.

Perhaps one of the most sweeping and complicated issues in ERISA, plan sponsors’ fiduciary obligations cover selecting and monitoringservice providers, ensuring only reasonable fees are paid for services, diversifying and prudently selecting investments, reporting and disclosing the proper information to governmental agencies and participants, updating and following plan documents and ERISA requirements, avoiding prohibited transactions, and other important issues.

The first day will cover basic fiduciary responsibilities, prohibited transactions, and exemptions. The second day will cover reporting, disclosure, and voluntary correction programs.

The link to register, along with more information, is here.


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