Safe and secure: Reducing benefit plan risk and fulfilling fiduciary responsibility
- Date:
- Tuesday, May 2, 2023
- Time:
- 1 p.m. - 2 p.m. EDT
- Anticipated CPE:
- 1, Auditing
How can employers address benefit plan risks and fiduciary responsibilities? Register for our CPE-eligible webinar on May 2 and learn how to ensure your benefit plan is safe and secure.
Plan sponsors have many responsibilities in their role as a fiduciary. Navigating those responsibilities while also preparing for an audit can be a daunting task. Join us for our spring update, where our benefit plan experts will outline strategies to help you prepare for an audit and aid you in meeting your fiduciary responsibilities.We’ll focus on two hot topics related to plan oversight: Department of Labor (DOL) cybersecurity guidance and strategies for de-risking defined benefit plans. First, we’ll define the role of a fiduciary when implementing a cybersecurity program and ensuring participant data is secure in accordance with DOL guidance. Next, we’ll help you identify cost-saving strategies for defined benefit plans as interest rates swing. Register and learn more about how to ensure your benefit plan is safe and secure.
Learning objectives:
- Identify the cybersecurity risks that benefit plan sponsors should be monitoring and how to reduce those risks.
- Pinpoint strategies available to de-risk or terminate defined benefit plans.
- Understand fiduciary responsibilities and how those responsibilities will also prepare your plan for an audit.
Plante & Moran, PLLC, is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417 or by visiting the website: nasba.org.
