Compliance February 17, 2017
DOL Announces Fiduciary Responsibilities Seminar in Vegas
The seminar will increase awareness and understanding about basic fiduciary responsibilities when operating a retirement plan.
Reported by PLANSPONSOR staff
The Department of Labor’s (DOL)’s Employee Benefits Security Administration (EBSA) announced its Getting It Right – Know Your Fiduciary Responsibilities seminar will be held in Las Vegas, Nevada.
The seminar will increase awareness and understanding about basic fiduciary responsibilities when operating a retirement plan.
Specifically, topics to be discussed include:
- Understanding your plan and your responsibilities;
- Carefully selecting and monitoring service providers;
- Making contributions on time;
- Avoiding prohibited transactions; and
- Making appropriate disclosures to plan participants and filing annual reports to the government on time.
The seminar will be held at Circus Circus Hotel on Thursday, March 23, from 8:30 a.m. to 4:30 p.m. PDT.
Registration and a link to the agenda may be found here.
You Might Also Like:
DOL Asks for Budget Increase to Implement SECURE 2.0
The anticipated final retirement security proposal did not feature anywhere in the budget proposal.
Final Fiduciary Rule Expected Soon
OIRA has canceled its final meetings on the proposal, and a final rule is considered likely for early next week.
Comment Period Extended for SECURE 2.0 Reporting, Disclosure Rules
Federal agencies are seeking advice on how to improve the reporting and disclosure system for retirement plans governed by ERISA.