Show notes
Episode Summary
The new DOL Conflict of Interest Rule, what is also being
referred to as the new DOL Fiduciary Rule, has introducedchanges that some are calling the most significant since theintroduction of ERISA over 40 years ago. While the rule willhave a phased effective date beginning in April 2017, there aremultiple items employers should begin exploring now. As usual,Sam does a great job of extracting specific elements of the 1100page rule that employers should be aware of and provides questionsto ask today along with specific next steps.Guest Bio
Sam Henson, is a Vice President and Director of
Legislative & Regulatory Affairs for Lockton RetirementServices. Sam also brings a unique perspective to ourdiscussion today as prior to joining Lockton, he spent almost 10years with the U.S. Department of Labor’s Employee BenefitsSecurity Administration (EBSA), where he conducted more than 150civil and criminal investigations of employee retirement andbenefits plans, service providers, and fiduciaries. He cappedoff his career at the DOL as the 2011 recipient of the Secretary ofLabor’s Exceptional Achievement Award. Needless to say, weare glad we have Sam on our side now and he is not out therebanging down the doors of employers any more!401(k) Fridays Podcast Overview
Offers companies of all sizes free strategic, educational and
actionable content to improve their retirement plans. My name is Rick Unser and I am your host. All episodesleverage my nearly two decades of experience working with employersto bring you candid interviews with industry experts to enhanceFiduciary Protection, streamline Plan Operations and improveemployee Retirement Readiness.