Compliance
DOL Announces Fiduciary Seminars in June and July
The Department of Labor is hosting its free compliance assistance seminar in Memphis, Tennessee, and Madison, Wisconsin.
Reported by PLANADVISER Staff
The “Getting It Right – Know Your Fiduciary Responsibilities” seminar will increase awareness and understanding about basic fiduciary responsibilities when operating a retirement plan.
Specifically the event covers:
- 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.
The Memphis seminar will be held Tuesday, June 17, from 8:30 a.m. to 4:30 p.m. More information is here.
The Madison seminar will be held Thursday, July 31, from 8:30 a.m. to 4:30 p.m. More information is here.