June 28, 2012
--- To help retirement plan fiduciaries navigate the maze of changing regulatory requirements, MassMutual's Retirement Services Division updated its fiduciary guide. ---
The 2012 Guide serves as a detailed toolkit to assist plan
fiduciaries in determining their status and understanding their
responsibilities. It helps them identify and undertake required actions,
employ practical suggestions to keep their plan on track and fulfill
their obligations, and consider voluntary actions they can take to
improve their plan and mitigate risk.
"Plan fiduciaries play the lead role in safeguarding the rights
of plan participants," says Eric Leverson, assistant vice president
with MassMutual Retirement Services. "With this important role, we want
them to understand they are not alone when facing today's maze of
regulatory requirements. MassMutual's ERISA [Employee Retirement Income
Security Act] Advisory Services team offers ready access to knowledge
and experience fiduciaries can use to help effectively manage their
MassMutual is also offering a fiduciary calendar, which includes important deadlines and information about new requirements.
More about the guide is here.