At The Podium
Proceed with Caution — How retirement plan fiduciaries can minimize their exposure to personal and corporate liability
EmployerLINC 2012: ‘Adventures in HR’
It’s a jungle out there, and no one knows that better than the HR and benefits professionals who take on the dangers, thrills and challenges of the workplace every day. Whether it’s a maze of state and federal rules and regulations to navigate, common traps and lesser-known pitfalls to avoid, or obstacles to overcome, you need a guide to help you on your quest. EmployerLINC 2012: "Adventures in HR," McAfee & Taft’s annual employment and employee benefits seminar, offers practical solutions to everyday adventures in the workplace.
The fiduciary responsibilities placed on retirement plan sponsors has reached an all-time high, and so are the penalties for non-compliance. In this session, we focus on what procedures and documentation processes are required to minimize both personal and corporate liability. We also review some actual lawsuits brought against plan fiduciaries for alleged negligence and noncompliance and examine what went wrong … and what should have been done differently.