HR Professionals are at the leading edge of retirement plan management and administration - and are exposed to the personal liability that comes with that responsibility. Find out what experienced fiduciary auditors look for when examining retirement plan management practices, what are the most common mistakes they encounter, what low-cost solutions HR can adopt and how you can manage fiduciary risk and liability to protect yourself, your company, the Board and plan participants.
What participants will learn:
1. What are the 10 most common mistakes retirement plan fiduciaries make?
2. What are the principles of sound fiduciary governance and how can you apply these principles to the management of your retirement plans?
3. How to identify the impact of vendor self-interest on plan management.
4. What has been learned about fiduciary behavior from field audits?
5. What best practice solutions exist to the fiduciary challenges for HR professionals?
Who should attend:
1. VP of HR
2 HR professionals on Plan Administrative Committees.
3 HR Professionals communicating with plan participants.
4 HR Professionals involved in RFP procedures.
5 HR Professionals involved in payroll supervision.