ERISA Fiduciary Standards and Compliance Challenges for Plan Sponsors and Administrators
Fiduciary Duties, Investing Plan Assets, Prohibited Transactions, Remedies for Fiduciary Breaches, Litigation
Recording of a 90-minute premium CLE video webinar with Q&A
This CLE webinar will provide ERISA counsel and plan sponsors guidance on ERISA fiduciary standards and challenges for retirement plans. The panel will discuss the complex compliance requirements, as well as identify fiduciaries for plan decisions and transactions, potential liability stemming from plan operation issues, prohibited transactions, and conflicts of interests. The panel will also discuss recent cases, litigation risks, and remedies for fiduciary breaches.
Outline
- Fiduciary rules and critical issues
- ERISA five-factor fiduciary test and exemptions
- Prohibited transaction and conflicts of interest considerations
- Recent cases, litigation risks, and remedies
- Best practices for plan sponsors and advisers to comply with federal and state rules
Benefits
The panel will review these and other key issues:
- Fiduciary and compliance standards and rules under ERISA
- ERISA fiduciary test and exemptions
- Liability stemming from plan operations, investments, administration, and competing interests
- Considerations for asset managers, plan sponsors, and providers
- Overcoming administrative challenges
- Recent cases, litigation risks, and remedies
Faculty
Eliot T. (Eli) Burriss
Partner
Katten Muchin Rosenman
Mr. Burriss represents clients in sophisticated litigation matters, with a scope that includes derivative actions,... | Read More
Mr. Burriss represents clients in sophisticated litigation matters, with a scope that includes derivative actions, M&A disputes, software license and data breach litigation, antitrust litigation, and trade secret litigation. He also has extensive experience litigating matters that arise under the Employee Retirement Income Security Act (ERISA), including 401(k) litigation, employee stock ownership plan (ESOP) litigation, and representing some of the world’s largest health plan administrators and insurers, advising on a variety of litigation matters, including anti-fraud litigation, provider disputes and regulatory issues.
Close
David N. Levine
Principal
Groom Law Group
Mr. Levine advises plan sponsors, advisors, and other service providers on a wide range of employee benefits matters,... | Read More
Mr. Levine advises plan sponsors, advisors, and other service providers on a wide range of employee benefits matters, from retirement and executive compensation to health and welfare plan matters. He advises on the design and redesign of complex retirement, executive, and health and welfare plans; ongoing, day-to-day counseling of plan sponsors; in-depth compliance reviews of corporate and governmental benefit programs; products and compliance for retirement and health service providers, and representation of tax-exempt organizations with respect to issues involving corporate governance, executive compensation, and unrelated business income tax liability.
Close
Andrew L. Oringer
Partner
Dechert
Mr. Oringer is co-chair of his firm's ERISA and Executive Compensation group, and leads the firm’s... | Read More
Mr. Oringer is co-chair of his firm's ERISA and Executive Compensation group, and leads the firm’s national fiduciary practice in New York. He counsels clients on their employee benefit plans and programs, benefits-related tax matters and fiduciary issues arising in connection with the investment of employee benefit plan assets. His practice includes advising clients regarding ERISA and employee benefits generally, including 401(k) and other retirement plans as well as medical and other welfare plans. His advice to clients encompasses all aspects of corporate transactions and initial public offerings in which benefits and compensation issues play a central part.
Close