2025 Fiduciary Training Series, Part 2: Effective Plan Governance (Webinar Recording)
As a retirement plan sponsor, your fiduciary responsibilities are complex and ever evolving. Ongoing training can help you understand these duties, minimize risk, and create better outcomes for participants. CAPTRUST has continued its quarterly series of live, online fiduciary training sessions.
One often-overlooked aspect of qualified retirement plan operations is the need for a prudent and comprehensive governance process. Plan rules and procedures are often contained in a series of governing plan documents and service agreements. Plan officials are faced with analyzing and interpreting numerous documents from multiple entities. By creating a governance process, plan officials can help ensure plan operations are consistent and adhere to fiduciary standards.
Jenny Kiffmeyer, JD, and COO of Retirement Learning Center covers several topics, including:
- Understanding the importance of a plan governance process;
- Assisting plan sponsors and committees in becoming better consumers of fiduciary services;
- Identifying and addressing actual and potential conflicts of interest;
- Avoiding the legal implications of inconsistent plan-related documents, service agreements and contracts; and
- Assessing educational needs of committees and plan officials.
Additional CAPTRUST Resources:
- On Beyond Fiduciary: Effective Plan Governance Slide Deck
- 2025 Fiduciary Training, Part 1: Best Practices for Plan Sponsors
- The Importance of Fiduciary Training
- For a copy of the transcript, click here.
Our 2024 series:
- 2024 Fiduciary Training Series, Part 1: Roles and Responsibilities
- 2024 Fiduciary Training Series, Part 2: Plan Governance
- 2024 Fiduciary Training Series, Part 3: Fiduciary Risk Management
- 2024 Fiduciary Training, Part 4: Avoiding Scams