PPT-Fundamentals of ERISA Fiduciary Responsibility

February 25 2015 CIEBA A brief history of ERISA Statute enacted September 2 1974 in response to Congressional concern over mismanagement and misappropriation of funds Statute applies only to employee benefit plans of private employers and employee organizations. Fifth Third Bancorp v. Dudenhoeffer. One Year Later. *Russell . L Hirschhorn. Proskauer Rose LLP. 212.969.3286. rhirschhorn@proskauer.com. Matthew Rutchik. ,. U.S. Department of Labor, EBSA. . *slides . . Duane R. Thompson, AIFA®. Senior Policy Analyst, fi360. Session Overview . The fiduciary standard exists for the benefit of society, professionals, and, most importantly, the individuals who rely upon fiduciaries. . Louisiana. Paul Greenwood, Deputy DA – San Diego, CA. (619) 531-4040 email . at paul.greenwood@sdcda.org. Tristan Svare, Deputy DA – San Bernardino, CA. (909) 387-6533 email at . tsvare@sbcda.org. Prerequisites. • Treat . p. atients with commercial health insurance and/or out-of-network. • Possess/have access to claim records: . + 835s – Electronic Remittance Advise (ERAs). . + . 837s . We are waiting for attendees to log on.. Presented by:. Lorie Maring. Phone: (404) 240-4225. Email: lmaring@fisherphillips.com. Please remember, employment and benefits law compliance depends on multiple factors – particularly those unique to each employer’s circumstances. . Fiduciary Program Oversight. VA’s Role: . To conduct oversight of beneficiaries to ensure their well-being, and appoint and conduct oversight of fiduciaries who manage their benefits . Oversight . 403(b) Documents. New IRS pre-approved documents now available. Restatement deadline to get retroactive reliance is March . 31, . 2020. Retroactive effective dates as early as 1/1/2010 can be used . Custom effective date and custom language attachments with retroactive effective dates. Employer Stock Fund Litigation: Evaluating Fifth Third Bancorp v. Dudenhoeffer One Year Later *Russell L Hirschhorn Proskauer Rose LLP 212.969.3286 rhirschhorn@proskauer.com Matthew Rutchik , U.S. Department of Labor, EBSA What . Do You Need to Know . and Do Now?. Agenda. Rollout of New Rule. New Fiduciary Advice Definition. Exclusions from Fiduciary Advice Definition . BIC Exemption. PTE 84-24. Fee Levelization. Robo-Advice. Gregory E. . Kniesel. , ASA. Managing Director. Value Management, Inc.. 770 262 7259. gek@valuemanagementinc.com. Emily Rickard. Associate . McDermott Will & Emery LLP. 202 756 8370. Erickard@mwe.com. How to Reduce Your ERISA Risks, and the Role of Fiduciary Liability Insurance Contents Foreword 4 Introduction Understanding the ERISA Responsibilities of Plan Sponsors, Fiduciaries, and Parties in I Presented by Harry . Goslett. THE FIDUCIARY RELATIONSHIP:. Trust like.. Characterized by elements of trust, loyalty, confidentiality, and good faith i.e. trustee and beneficiary; guardian and ward; Director and corporation; solicitor and client; doctor and patient; parent and child.. Get complete detail on IT Audit Fundamentals exam guide to crack ISACA IT Audit Fundamentals. You can collect all information on IT Audit Fundamentals tutorial, practice test, books, study material, exam questions, and syllabus. Firm your knowledge on ISACA IT Audit Fundamentals and get ready to crack IT Audit Fundamentals certification. Explore all information on IT Audit Fundamentals exam with number of questions, passing percentage and time duration to complete test. Ken Mergen, Vice . President. Zach Karas, Principal. April 10, 2015. . Today’s Agenda. Fiduciary Responsibilities. ERISA vs. Non-ERISA. 3(21), 3(38) Investment Fiduciary. 3(16) Administrative Fiduciary.