To register for Relius Education seminars and conferences, please login or register for a new login account before proceeding. For more information, please see the Benefits of a Relius User Login Account. For assistance, please contact Client Services at 800-326-7235, and select Option 6.

ERISA: Who are these fiduciaries (and what are these weird #s)?
Presentor: Derrin Watson Recorded Date: 11/6/2014 Duration: 60 Min.

This program was recorded during a live presentation given on November 6, 2014 at 12:00PM EST. *******************************************************************************

ERISA’s fiduciary landscape is surprisingly complex, and changes to that landscape are looming right around the corner. This fast-paced hour will paint a clear picture and show how the different types of fiduciaries can apply to the plans you serve.

Topics include:

  • Functional fiduciaries
  • Investment advisor limitations and proposals
  • 3(16), 3(21), and 3(38) fiduciaries
  • Outsourcing pros and cons
  • Fiduciary liabilities
  • Disclosure responsibilities arising from fiduciary status

Prerequisites: There are no prerequisites or other advanced preparation for this program. The speaker will expect attendees will have a general understanding of the operation of 401(k) and other retirement plans.

Level: Intermediate.

Instructional Delivery Method
Group – Internet-Based

Speaker: S. Derrin Watson, J.D., APM
Recipient of ASPPA's 2006 Educator of the Year Award


  • Identify activities which make someone a fiduciary
  • Distinguish between fiduciary rolls
  • Advise a client on the advantages and disadvantages of outsourcing
  • Comply with DOL disclosure requirements relating to fiduciaries