Over the past months, benefits professionals and retirement plan committee members have been inundated as they respond to the impact of COVID-19 and two significant bills – the SECURE Act and the CARES Act. To add to the stress, many plan sponsors are concerned about meeting their fiduciary responsibilities as market volatility continues. According to Gallagher’s 2019 Retirement Pulse Survey, only 13% of employers use a fiduciary under section 3(38).
Listen to the Gallagher Retirement Plan Consulting team explain how plan sponsors can assess and mitigate fiduciary risks and maintain participant trust. They cover the latest legislation, frequently asked questions arising from COVID-19, including:
- the impact of market volatility on retirement plans,
- managing investment decisions and potential liquidity concerns,
- CARES Act retirement plan provisions and pivots in response to COVID-19, and
- the SECURE Act and other legislative insights.
Webinar Length: 1 hour, 1 minute