2011 was the beginning of retirement plan fee disclosure requirements and has continued ever since, with attempts at a fiduciary rule and greater scrutiny of plan sponsor responsibilities.
Terms like fiduciary warranty and fiduciary protection from a 3(21), 3(38) or 3(16) fiduciary has added complexities that are confusing plan sponsors in understanding what their responsibilities and liabilities truly entail.
In this webinar, MV Financial will explain what plan sponsors really need to know about their fiduciary responsibilities and the corresponding “alphabet soup” of fiduciary options that are available. We will cover:
• Your fiduciary responsibility under ERISA
• The “alphabet soup” of fiduciary terms
• How this all impacts you as a plan sponsor
• What plan sponsors should really focus on