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Products May 11, 2009
DoL Brings Fiduciary Series to Web
Plan fiduciaries looking for insights about their responsibilities can now get that information from the Labor Department without leaving their desks.
Reported by Nevin E. Adams
The U.S. Department of Labor’s Employee Benefits Security Administration (EBSA) will sponsor “Getting It Right—Know Your Fiduciary Responsibilities” Webcasts on May 12 and 13, featuring speakers from the Labor Department. 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.
The May 12 Webcast will focus on basic fiduciary responsibilities and prohibited transactions and exemptions under the Employee Retirement Income Security Act (ERISA). The May 13 Webcast will include information about the reporting and disclosure provisions of ERISA and the department’s voluntary correction programs. Both Webcasts are scheduled to run from noon to 2 p.m. EDT.
In addition to the presentations and questions and answers, related guidance, publications, and tools will be provided online. Archives of both Webcasts will be available at the same Web site by May 18.
The event is open to employers, plan fiduciaries, and providers of plan services. Registration is required and available on a first-come, first-served basis. Register for both Webcasts at www.dol.gov/ebsa, under Compliance Workshops, Seminars and Webcasts, or click here.