For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.
Compliance March 21, 2011
DoL Announces “Fiduciary Responsibilities” Webcasts
March 21, 2011 (PLANSPONSOR.com) - The U.S. Department of Labor’s Employee Benefits Security Administration will sponsor “Getting It Right – Know Your Fiduciary Responsibilities” Webcasts on Wednesday, March 23, and Thursday, March 24.
Reported by PLANSPONSOR staff
The Webcasts are part of the agency’s national fiduciary education campaign to increase awareness and understanding of basic responsibilities associated with operating private sector retirement plans. They will feature speakers from the Labor Department.
The March 23 Webcast will focus on basic fiduciary responsibilities as well as prohibited transactions and exemptions under the Employee Retirement Income Security Act. The March 24 Webcast will include information on the reporting and disclosure provisions of the law, and the department’s voluntary correction programs.
Registration is required and available on a first-come, first-served basis. Visit http://event.on24.com/r.htm?e=295595&s=1&k=4AAB924BE8C956A52FB338C0181C11D0 to register.You Might Also Like:
What Does the End of Chevron Deference Mean for the DOL?
It could mean more lawsuits and overturned rules related to retirement plans.
Non-Insurer Plaintiffs Join ACLI in Fiduciary Rule Lawsuit
FSI and SIFMA are also asking for the Retirement Security Rule to be vacated.
DOL Argues That Class Action Waivers in Plan Agreements Are Unenforceable
Most appeals courts have so far agreed with them.