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View More FIS Relius Education Webcasts and Conferences

Service Agreements

FIS Relius Education

May 25, 2017
Recorded Online
Webcast

[Recorded online and available for purchase.]

Retirement plan fiduciaries have an obligation to carefully review their service arrangements with providers, including TPAs and recordkeepers, to ensure that appropriate services are provided and to negotiate favorable terms and pricing. The DOL fee disclosure regulations, coupled with a recent increase in participant lawsuits against employers for failing to monitor plan service providers, raise and further highlight the risks of not having a written agreement in place. Written service agreements are a prudent way for both fiduciaries and service providers to minimize disputes over provided services, but developing an appropriate agreement can be tricky.

This Web seminar is designed for retirement plan practitioners who negotiate or utilize service agreements for retirement plans. The seminar will review many of the best practices and ERISA considerations associated with negotiating service agreements.

Topics include:

  • Detailing the services provided (and those not provided)
  • Highlighting client responsibilities
  • Concerns associated with takeover plans
  • Addressing fee or payment disputes
  • Is the provider a fiduciary under ERISA?
  • Drafting service provider agreements
  • Damages/indemnification provisions
  • Limitation of liability
  • Termination provisions
  • Required compensation/fee disclosures

Continue by clicking on the following link:
http://www.relius.net/Events/seminardetail.aspx?EID=27077

 
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