This year the Department of Labor released cybersecurity guidelines and has already begun audits to ensure enforcement. On Tuesday, October 26, 2021, the ML&R Wealth Management Retirement Plan Services team hosted a webinar on Regulatory Updates & Fiduciary Best Practices. They reviewed the new guidelines and proposed legislation on the horizon. ML&R Wealth Management partner and advisor, Vanessa McElwrath, and advisor, Julie Reinhardt covered the following topics during this fiduciary best practices webinar:
- Regulatory issues including DOL and IRS audits, lost participants, cybersecurity, and lifetime income disclosures
- Restating documents and common voluntary plan design changes seen in the marketplace
- Future retirement plan considerations in America
A recording of the webinar is included below. You can access the presentation by clicking here.
If we can help with any of the topics presented during the fiduciary best practices webinar, please reach out to us at (512) 370-3296 or retirement@mlrpc.com.
