This program will provide details to service providers and plan fiduciaries on how to comply with the final rules under ERISA § 408(b)(2). You will learn which covered service providers must make disclosures, to whom such disclosures will be made, the information that must be provided to plan fiduciaries, what plan fiduciaries need to do with the information to assure that reasonable compensation is being paid, the available exemption to the plan fiduciary in the event the plan fiduciary does not receive the required disclosures, and an action plan for service providers and plan fiduciaries to follow to comply with the regulations by July 1, 2012.

Educational Objectives:

• Become familiar with the requirements of the new rules and how to comply with them to avoid breaches of fiduciary duties and prohibited transactions.

• Learn the various types of direct and indirect fees that are typically received by service providers in connection with the performance of services to retirement plans.

• Learn what plan fiduciaries need to do with the information they receive.

• Learn what plan fiduciaries need to do if they do not receive the information.

• Understand the best practices for plan fiduciaries in the selection and monitoring of service providers.

Who would benefit most from attending the program?

If you are a plan sponsor or fiduciary to your company’s retirement plan or a fiduciary, registered investment advisor, broker or recordkeeper to retirement plans, you do not want to miss this program! You will be armed with all the information you need to fully comply with the regulations by the July 1, 2012 deadline. You will also be able to obtain answers to your questions from knowledgeable ERISA experts.

Program Level: Intermediate

This program is CLE-credit eligible.

If you have further questions regarding a specific state or how to file for CLE credit, please contact Bloomberg BNA customer service at 800-372-1033 and ask to speak to the Legal and Business CLE Accreditation Coordinator.

Hardship Policy
Bloomberg BNA offers a hardship policy for any attorney earning less than $30,000 per year. If an attorney wishes to take advantage of this option, he or she must do so in writing and also provide proof of hardship. If approval is granted, a discount of 50% off the full registration price of the program will be awarded.

Questions
For more information about Mandatory or Minimum Continuing Legal Education (MCLE) requirements, visit the American Bar Association website at http://www.abanet.org/cle/mandatory.html.

• Bloomberg BNA Subscriber - OnDemand format $199

• Non-Subscriber - OnDemand format $249

• CD recording of program $199 (Subscriber and Non-Subscriber)

 

Registration for Legal & Business programs is simple. You may either visit the registration page to register -or- call 1-800-372-1033, Option 6, and refer to the date and title of the program. Lines are open Monday through Friday from 8:00 a.m. to 8:00 p.m. ET.