COURSE DESCRIPTION: Fiduciary litigation was on everyone’s mind before the recent financial meltdown occurred. Now, rather than worrying about the funds within a retirement plan, companies are worrying about the financial health of the institution they’ve selected as the plan’s Service Provider.
This webinar will provide CEO’s, CFO’s, HR Execs, and others who have 401(k) responsibility, the guidance they require to ensure that they manage their company’s retirement plan properly and provide employees assurances through this national economic crisis.
In this 60-minute audio/webinar program 401(k) management expert David Gensler of Madison Pension Services will discuss:
- Whether the plan assets are with a mutual fund, an insurance company or a bank, what exactly are you responsible to do?
- What should you do if your company’s retirement plan is with one of the financial institutions that have been in the news? What should you tell your employee participants?
- If you have your company’s retirement plan with a well known insurance company, given what happened at AIG, do you need to worry, and if so, what should you do?
- If something should really go wrong, what exactly is your exposure as plan fiduciaries? The Plan Sponsor is of course the company. Can the IRS force you to take assets out of your company to make the plan whole? Are there liabilities that exist beyond your company?
- What if your company’s 401(k) plan offers company stock? What should you be telling our participants about current and anticipated stock value?
- What if your plan offers a financial services sector fund? What should you tell the participants that have been investing in it?
Mr. Gensler will, of course, keep the program flexible to address the latest developments as the program date approaches.
ABOUT THE SPEAKER: David I. Gensler is the President of Madison Pension Services, an actuarial and retirement consulting firm, specializing in custom plans for small and mid-sized companies. Established in 1978, Gensler was a founding principal, and has over thirty years of consulting actuary experience. Madison manages over $400 million in assets and is a member on NRP, a select group of nationwide pension Consulting firms that pool resources to leverage best practices. Combined, NRP manages $24 billion in assets. Gensler is an Enrolled Actuary and a member of both the American Academy of Actuaries and the American Society of Pension Professionals & Actuaries (ASPPA). Considered a leading expert in the field of qualified plans and 401k’s, Gensler is a frequent lecturer, and has been quoted in The Wall Street Journal, The New York Times, and Crain’s Business. Gensler has served as the Co-Chair of the ASPPA Government Affairs Committee, and has provided leadership and expertise in the area of pension legislation on both the state and federal levels. He has taught several ASPPA courses on employee benefits and is on the board of ASPPA’s New York chapter Benefits Council.
 MONEY-BACK GUARANTEE: We're so confident you'll get what you want out of this conference that we'll refund your full fee if you're not satisfied. It's risk-free.
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