Complying with New Fiduciary Responsibilities Advice from the U.S. DOL September 14, 2012

This Webinar does not qualify for Recertification Credits

The Fiduciary Responsibilities webinar, a compliance assistance program by the Employee Benefits Security Administration (EBSA) of the United States Department of Labor, is designed to educate and improve employers, plan fiduciaries, and service providers understanding about their fiduciary responsibilities under the Employee Retirement Income Security Act (ERISA).

Plan sponsors and other fiduciaries have a solemn responsibility to protect the interests of the workers and retirees in their benefit plans. This webinar will provide employers and plan officials with an understanding of the law and their responsibilities and will focus on steps for avoiding the most common problems EBSA encounters in its enforcement activities. The program emphasizes the obligation of plan sponsors and other fiduciaries to:

* Understand the terms of their plans
* Select & monitor service providers carefully
* Make timely contributions to fund benefits
* Avoid prohibited transactions
* Make timely disclosures to workers & their beneficiaries & reports to the government

About the Presenter
David Stonebraker has been with the U. S. Department of Labor's Employee Benefits Security Administration since 1995. He began his career as an Investigator and promoted to Senior Investigator in 2000. His duties included conducting complex civil & criminal investigations into violations of ERISA. He was promoted again in 2005 to Regional Criminal Coordinator to manage the region's criminal enforcement program & cases as well as providing criminal trial support for the U.S. Department of Justice covering the seven northwestern states. His most recent duties as a Benefits Advisor include providing advice to plan sponsors, fiduciaries, service providers, participants, & beneficiaries. Mr. Stonebraker has also been with the U.S. Equal Employment Opportunity Commission & the U.S. Securities & Exchange Commission.

Official Website: http://www.nchra.org