I just finished speaking on fiduciary governance issues facing 401(k)/403(b) plan sponsors and service providers. We got everyone up to speed on the DOL Fiduciary Rule litigation, the SEC release, litigation trends, ESG and best practices from a plan committee standpoint. Approx. 90% of those surveyed have an IPS, which is great and tells me that the audience is representative of the plan community at large. I was joined by Jeffrey Barrow (Dimeo Schneider), Chris Jarmush (Arthur J. Gallagher) and Greg Ungerman (Callan) at the Pensions & Investments 401(k)/403(b) Investment Lineup.
George Michael Gerstein advises financial institutions on the fiduciary and prohibited transaction provisions of ERISA. As co-chair of the fiduciary governance group, he assists clients with tracking, and understanding, the numerous fiduciary developments at the federal and state levels, including the rules and regulations of governmental plans. He also advises clients with respect to the fiduciary duty implications of ESG investing.