Compliance June 1, 2012

EBSA Announces More Fiduciary Workshops

June 1, 2012 (PLANSPONSOR.com) – The Department of Labor’s Employee Benefits Security Administration (EBSA) has announced more workshops for retirement plan fiduciaries.
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The agency’s “Getting It Right! Know Your Fiduciary Responsibilities” seminar will be held August 14 in Chicago, Illinois, and a workshop about fiduciary duties and correction programs will be held June 12 in Nashville, Tennessee.  

Topics covered include:  

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  • 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. 

 

More information about the Chicago event is available at http://www.dol.gov/ebsa/pdf/FidEdIL081412.pdf.  

More information about the Nashville event is available at http://www.dol.gov/ebsa/pdf/fidedtn061212.pdf.  

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