This session will focus on two key areas of interest to financial
institutions providing pension and welfare plan services. First, we
will discuss reporting and disclosure issues for plan fiduciaries and
plan service providers, including the proposed new Form 5500 and DOL's
recent interest in and regulation project on disclosure of service
provider compensation. Second, we'll assess recent changes to ERISA's
fiduciary and prohibited transaction provisions made by the Pension
Protection Act of 2006, with particular focus on the new exemption for
transactions involving plan service providers and the provisions
relating to default investments, mapping and participant investment
advice.
