Never miss a story — sign up for PLANADVISER newsletters to keep up on the latest retirement plan adviser news.
Compliance June 24, 2013
DOL to Hold Two Fiduciary Seminars
The U.S. Department of Labor (DOL)
will be offering two seminars about retirement plan compliance and fiduciary
responsibilities.
Reported by
PLANADVISER Staff
These seminars are being presented by the DOL’s Employee Benefits Security Administration (EBSA) as part of its “Getting It Right: Know Your Fiduciary Responsibilities” program. They are designed to assist small businesses in making sure their retirement plans are in compliance with the relevant regulations, as well as to increase awareness about basic fiduciary responsibilities.
One seminar will be held in Fairfax, Virginia, August 6. The other will be held in San Diego, California, July 23.
The seminars will cover:
•Fiduciary responsibility;
•Reporting and disclosure;
•Common mistakes and Internal Revenue Service (IRS) correction programs; and
•DOL Voluntary Correction Program.
Registration for the Fairfax seminar is here. Registration for the San Diego seminar is here.
You Might Also Like:
DOL Provides Guidance on Mental Health Parity, but Gaps Remain
Although the Department of Labor identified three high-priority areas of enforcement, what constitutes a violation is still unclear.
GAO Asks DOL to Clarify Permissible Participant Data-Sharing Practices
A Government Accountability Office report found that most of the 31 service providers it examined did not follow ‘leading privacy...
Can Private Markets Have ‘Meaningful’ Benchmarks?
The Department of Labor wants fiduciaries to find benchmarks for investments, but private assets, known for their illiquidity and limited...
