Compliance May 24, 2018

DOL Announces Fiduciary Responsibilities Seminar in Chicago

Its “Getting It Right – Know Your Fiduciary Responsibilities” seminar will be held in Chicago, on July 10.

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The Department of Labor (DOL) Employee Benefits Security Administration (EBSA) announced its “Getting It Right – Know Your Fiduciary Responsibilities” seminar will be held in Chicago, on July 10.

The compliance assistance program will increase awareness and understanding about basic fiduciary responsibilities when operating a retirement plan.

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Topics to be covered in the seminar include:

  • Understanding your plan and your responsibilities;
  • Carefully selecting and monitoring service providers;
  • Making contributions on time;
  • Avoiding prohibited transactions; and
  • Making appropriate disclosures to plan participants and filing annual reports to the government on time.

More information and a link to register are here.

The DOL previously announced its seminar will be held in Providence, Rhode Island, on June 28.

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