Pest Management: Minimizing Plan Losses through Fee Disclosure

Humaculture

Watch a replay of the fifth webinar in Humaculture, Inc.’s Hidden Opportunities, Strategic Compliance Series, which focuses on how leveraging Fee Disclosure as a means of “Pest Management” to leverage behavioral design to align interests with your advisors to take a strategic approach and identify conflicts of interest and inferior value in services provided.

PRESENTERS

• Steve Cyboran, ASA, MAAA, FCA, CEBS, actuary and strategy consultant
• Wes Rogers, Humaculturist® and strategy consultant
• Jack Towarnicky, LLM, JD, MBA, CEBS, attorney, strategy and compliance consultant

FEE DISCLOSURE KEY TAKEAWAYS
During this session, participants will learn that:

• It seems Congress doesn’t believe group health plan fiduciaries are knowledgeable about fees
• This may be a first step to shine light on fee reasonableness and conflicts of interest
• While the plan fiduciary remains responsible, advisors are put on notice to disclose
• Mere compliance ignores the opportunity to cultivate the organizational soil
• Leveraging Fee Disclosure as a means of “Pest Management” can:
  • Identify conflicts of interest and inferior value in services provided
  • Avoid advisors who haven’t already fully disclosed their compensation
  • Seek advisors who take a strategic approach, cultivate your organizational soil
  • Employ behavioral design to align interests

More Information, How to Register