Manage your liability
As a plan sponsor, you alone bear the fiduciary responsibility of managing your company’s retirement plan – a responsibility that cannot be delegated to an investment advisor, outside trustee or recordkeeper. How do you manage the performance of the plan and act as a “prudent investor” on behalf of all participants while decreasing the company’s risk and your own personal liability? This session will define the fiduciary responsibilities of retirement plan sponsors and why failures can occur. It will also cover litigation hotspots and the best practices for managing and mitigating risks.
What you'll learn
- Understand a retirement sponsor’s fiduciary responsibilities
- Learn the most likely litigation hotspots in retirement plans
- Identify best practices for decreasing plan sponsor risks
Who should watch
- Business owners and executives
- Retirement plan sponsors
- HR professionals