ERISA plan fiduciaries are subject to a labyrinth of requirements. Failure to comply with these requirements can expose ERISA fiduciaries to significant liabilities. In addition, recent changes to the regulatory, investment and audit environment have complicated the role of the ERISA fiduciary. Plan fiduciaries need to stay on top of developments in this important area.
- Understanding the new definition of ‘fiduciary’
- Selecting and monitoring managed accounts
- Department of Labor data mining initiative and recent changes to financial reporting