Tuesday, July 31, 2012
10:00am PDT
This program has been approved for 1.0 (Specified - General) recertification credit hours toward PHR, SPHR and GPHR recertification through the HR Certification Institute. For more information about certification or recertification, please visit the HR Certification Institute website at http://hrci.org.
This year, plan sponsors and participants will be impacted by an overabundance of plan fee disclosures, which include itemized DOL-mandated fee transparency reports, 'prospectus'-like plan fee disclosure brochures, up-to-date quarterly statements, and updated participant websites.
What does this mean for plan fiduciaries in ensuring full disclosure from providers and gauging the appropriateness of these fees for services provided?
What initial and ongoing steps should investment and administrative committees take initially to benchmark, negotiate, and document actions taken?
This timely seminar will focus on both strategic guidelines to assist plan fiduciaries in navigating through the upcoming regulatory requirements, as well as practical application of prudent processes to be adopted for your organization. This presentation
will address the following concerns:
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Where and how should you s
ource your industry sector or plan-specific fee benchmarking data?
-
How can you m
aximize your plan's buying power to effectively negotiate with providers and potentially lower your plan fees?
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Which plan-related documents, contracts, and agreements will require amendments or addendums?
-
What are the potential litigation concerns you face, and are there preventive measures for committees to prudently act upon?
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How do you optimize the participant experience? What will they see? What will they ask? How should you prepare
?
Please join us to learn thoughtful and proven insights from retirement and financial industry experts!
Who Should Attend:
From organizations with at least $3 million in retirement plan assets:
- CFOs
- Controllers
- VPs of Finance
- Sr. VPs of HR
- VPs of HR
- Directors of HR and/or Benefits
- Managers of HR and/or Benefits
About the Speakers
Linda K. Bright, Vice President and Managing Director, Precept Advisory Group
Mrs. Bright is responsible for overseeing the Retirement Practice at Precept Advisory Group LLC, as well as overall management of client relationships. She is also a member of the firm's Investment Policy Committee. In her consulting capacity, Mrs. Bright has assisted fiduciaries of public, private, and non-profit organizations with implementation, ongoing monitoring, and corporate actions of 401(k) plans. Her focus in the past 15 years is in the following areas:
- Fiduciary roles and responsibilities oversight
- Vendor analysis and selection
- Plan design consultation
- Mergers and acquisitions due diligence
- Corporate actions project management
- Legislative and regulatory compliance advisory services
- Development of employee communication and education strategies
Mrs. Bright earned her B.S. in Business Economics from the University of California, Santa Barbara. She also holds the Certified Retirement Administrator certification (CRA) and Accredited Investment Fiduciary designation (AIF).
Doug Igel, CIMA®, Managing Consultant, Precept Advisory Group
Mr. Igel is responsible for overseeing the Investment Research Group at Precept Advisory Group LLC, and is the firm's Investment Policy Committee Chairperson. He also has oversight relationship responsibility for a number of the firm's clients. Primary responsibilities focus on monitoring qualified retirement plan industry trends, and ongoing analysis of financial markets and the overall economic environment. Examples of services provided include:
- Investment due diligence and manager searches
- Financial markets review and outlook
- Industry benchmarking
- Mergers and acquisitions investment mapping due diligence
- 401k committee meeting facilitation
Mr. Igel earned a B.S. in Business Administration with a concentration in Finance from Colorado State University, and his Masters in Business Administration (MBA) from Regis University in Denver, Colorado. He holds the Certified Investment Management Analyst (CIMA) designation, which he earned at The Wharton School, University of Pennsylvania, in conjunction with the Investment Management Consulting Association (IMCA), the Certified Retirment Administrator (CRA) designation through InFRE, and the Accredited Investment Fiduciary designation (AIF).
