At The Podium
Fiduciary Hot Topics
The Employee Retirement Income Security Income Act (ERISA) not only defines who is a employee benefit plan fiduciary, but also sets the standards for their conduct in managing a plan and its assets.
Speaking at the September 2017 meeting of the ASPPA Benefits Council of Dallas/Fort Worth, McAfee & Taft ERISA lawyer Brandon Long reviews the key roles and responsibilities of retirement plan fiduciaries and discusses recent fiduciary lawsuits and what can be learned from them in order to minimize liability. The presentation also includes a review of current trends in the benefits industry, including revenue sharing and fee leveling.
The American Society of Pension Professionals and Actuaries (ASPPA) is a non-profit professional organization whose goals are to educate retirement plan professionals and to create a framework of public policy that gives every working American the ability to have a comfortable retirement.