| Plan sponsors are entrusted with a significant responsibility: safeguarding the retirement assets of their participants. Yet, as regulations evolve and scrutiny intensifies, even well-meaning fiduciaries can find themselves facing compliance challenges or legal risks.
That’s why ongoing fiduciary training is not just a good practice, it’s essential. Whether you’re new to the role or a seasoned professional, staying informed about your responsibilities and best practices is crucial to protecting both your employees, your company, and you.
The Stakes Are High
Missteps can lead to costly consequences, including legal liabilities and reputational damage. From understanding ERISA requirements to managing conflicts of interest, fiduciaries must navigate a complex landscape with confidence and precision.
A Commitment to Excellence
Investing time in fiduciary training demonstrates a commitment to excellence and a proactive approach to risk management. It equips you with the tools to make informed decisions that serve the best interests of plan participants while also mitigating personal and organizational risks.
Looking Ahead
We’re committed to supporting plan sponsors with the knowledge and resources they need. That’s why we will be offering virtual fiduciary training to our Plan Sponsor clients this summer, focusing on fiduciary best practices-an opportunity to deepen your understanding and strengthen your processes.
Plan Sponsors – Stay tuned for more information
By prioritizing training, you’re not just fulfilling a requirement—you’re building a foundation of trust and accountability that benefits everyone involved. |
John E. Chapman
Chief Executive Officer
