Don't Miss

Retirement Plan Committee Education Remains a Priority

401k Plan AutoRetirement Plan Committee Education is now a high priority for Retirement Plan Sponsors.  Individuals who sit on the company Retirement Plan Committee are seeking fiduciary education and plan governance instruction like never before.  The same goes for individuals who are plan sponsor fiduciaries.  In the event an individual is a person of influence over plan assets or plan providers, they need assistance.  They would be well served to seek formal and professional education around what they should and should not be doing.  The time is now for Plan Sponsor fiduciaries to seek formal Fiduciary Education.

There is a high price to be paid for failing to act as a responsible fiduciary.  Retirement Committee Education can be found in a number of ways.  In many cases retirement plan advisors are educating their clients on a periodic and regular basis.  But where does a plan sponsor turn if they know that their retirement plan committee members are in need of retirement committee education?  The good news is – there are alternatives.  As an example, The Plan Sponsor University offers free retirement committee education to committee members via their virtual Retirement Committee Education package for plan Committee members.

Law firms also periodically offer education to clients and the general public.  It is never too early or too late to take advantage of Fiduciary Education.  Committee members need to know what is important to them when serving as a fiduciary.  Plan fiduciaries are not required to possess formal fiduciary training – but it sure does make sense.

When seeking education for your retirement committee – consider TPSU’s formal Education.  To learn more of your options about TPSU’s Retirement Committee Education CLICK HERE or on the button below to request more information.

Steff Chalk

Steff Chalk

Managing Editor at 401kTV
Steff C. Chalk is Executive Director of The Retirement Advisor University, a collaboration with UCLA Anderson School of Management Executive Education. Steff also serves as Executive Director of The Plan Sponsor University and is current faculty of The Retirement Adviser University.
Steff Chalk
x

Check Also

Flexible Leave Policy

Investment Policy Statement Must Stop Short of Promises

Investment Policy Statement (IPS) language must stop short of promising too much.  An Investment Policy statement can do more harm than good if it moves from policy to guaranteeing results.  The policy can become more of a liability than a ...