​Fiduciary Responsibility for ERISA Plans

The Fiduciary Responsibility for ERISA Plans eLearning course from the International Foundation of Employee Benefit Plans (IFEBP) provides an in-depth look at fiduciary duties in managing employee benefit plans. This course helps professionals understand their legal obligations under ERISA, focusing on the key fiduciary duties such as loyalty, prudence, and disclosure. It also explores how to navigate the responsibilities of plan sponsors and trustees, ensuring compliance with regulations to avoid potential liabilities. With practical insights on delegation, service providers, and penalties, this course equips participants to uphold their fiduciary duties effectively.

Topics Include:

• Introduction to Fiduciary Responsibility 
• Key Fiduciary Responsibilities 
• The ERISA Fiduciary Definition 
• Managing ERISA Plans 
• Delegation of Fiduciary Responsibilities 
• Prohibited Transactions and Penalties 
• Best Practices for Fiduciaries