Skip to Main Content
Services Talent Knowledge
Site Search
Menu

Events

July 21, 2015

Retirement Plan Potential Changes - Educational Program

Barclay Damon partners, Michael Sciotti and Raymond McCabe will present on the U.S. Department of Labor New Proposed Fiduciary Regulations. They will walk us through the underlying regulations, litigation issues, and potential damages faced for violation.

Did you know?

The U.S. Department of Labor is attempting once again to redefine the definition of a fiduciary under the Employee Retirement Security Act (ERISA) by modifying what constitutes "investment advice." Unfortunately, this re-proposal is both more expansive and much more complicated than the DOL's controversial 2010 proposal. It will have a disproportionate impact on low and moderate income Americans saving for retirement--especially employees of small businesses who save using an IRA. Specifically, the proposed rule will raise the cost of professional and personal investment advice, decreasing access for small businesses and small investors.

Locked Out of Retirement: The Threat to Small Business Retirement Savings, a study commissioned by the U.S. Chamber of Commerce, found that the rule could impact 9 million small business households, threatening$472 billion in assets originating from small business retirement plans.

Learn more:

If you are involved with the administration of a 401(k), this workshop is for you. Whether you are in HR, management, or a board member you may be impacted by this pending Department of Labor regulation. With the potential of being one of the most sweeping pieces of DOL regulation in the last three decades -- make sure you are prepared.

Register:

For more information or to register, contact Janet Morgan.

Part of the Educational Program Series sponsored by Chemung Canal Trust Company, this workshop is presented by Wells Fargo Advisors Financial Network, LLC and Barclay Damon, LLP.

Subscribe

Click here to sign up for alerts, blog posts, and firm news.

Subscribe

Sign up to receive our latest news

Practice Areas

Featured Industries

New & Emerging Industry Practice Areas

Other

Featured Media

Alerts

Start Delayed for Required Massachusetts Paid Family and Medical Leave Contributions

Alerts

NY Court of Appeals Expands Optional Safety Equipment Defense for Design Defect Claims

Alerts

EEO-1 Component 2 Data Update

This site uses cookies to give you the best experience possible on our site and in some cases direct advertisements to you based upon your use of our site.

By clicking [I agree], you are agreeing to our use of cookies. For information on what cookies we use and how to manage our use of cookies, please visit our Privacy Statement.

I AgreeOpt-Out