U.S. Labor Department sponsors free webcasts to help retirement plan fiduciaries comply with the law

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U.S. Labor Department sponsors free webcasts to help retirement plan fiduciaries comply with the law

The following news release was published by the Employee Benefits Security Administration on June 3, 2010. It is reproduced in full below.

Washington – The U.S. Department of Labor’s Employee Benefits Security Administration will sponsor “Getting It Right – Know Your Fiduciary Responsibilities” webcasts on June 9 and 10. The webcasts are part of the agency’s national fiduciary education campaign to increase awareness and understanding of basic responsibilities associated with operating private sector retirement plans.

The webcasts will feature speakers from the Labor Department. The June 9 webcast will focus on basic fiduciary responsibilities and prohibited transactions and exemptions under the Employee Retirement Income Security Act. The June 10 webcast will include information on the reporting and disclosure provisions of ERISA and the department’s voluntary correction programs.

The event is open to news media.

Who: Employers, plan fiduciaries and providers of plan services What: Fiduciary education seminar When: June 9 and 10, 2 to 4 p.m. EDT How: Registration is required and available on a first-come, first-served basis. Visit EBSA’s Web site at www.dol.gov/ebsa and select “Getting It Right - Know Your Fiduciary Responsibilities Webcast” under “Compliance Workshops, Seminars and Webcasts.”

Source: Employee Benefits Security Administration

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