In part 1 of this two-part podcast, host Dorothy Cociu and guest Marilyn Monahan of Monahan Law Office share with you excerpts from their September webinar on ERISA’s Fiduciary Requirements. In part 1, we discuss some background on ERISA and its importance, major components of ERISA, the role of a fiduciary, understanding fiduciary actions and how not understanding them can harm a plan and its fiduciaries, the duties of a fiduciary, ERISA’s prudent person standard, applying the standards to service providers, prohibited transactions under ERISA, and some new and expanding roles of fiduciaries. Part 1 sets the stage for next week’s Part 2, which gets into the current environment for fiduciaries, important litigation and more. Please join us for this informative podcast!

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https://advancedbenefitconsulting.com/s6e5-erisa-fiduciary-requirements-part1

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