Washington Update

The U.S. retirement system is facing major challenges. Rather than helping the nation meet these challenges, Washington may be adding to the burden. Will the 401(k) fee disclosure, investment advice, guaranteed income, fiduciary status and funding initiatives currently under consideration make it easier or more difficult for plan sponsors to meet their fiduciary obligations? Which of these initiatives will actually become a reality? Given the challenging investment markets, the slow recovery and health care reform, this session will also address the long-term retirement prospects for the nation's workforce.


Segments

Segment One
 PLAY
Download MP3


Guest

Steve Saxon
Chairman, Groom Law Group
Steve Saxon is the Chairman of the Groom Law Group. Following his graduation from Georgetown University Law School and his undergraduate degree from Colgate University, Steve joined the firm in 1979. Mr. Saxon leads the firm's special practice groups on pension plan investments, 401(k) plan administrative issues and investment management matters. Among other things, these groups focus on the ERISA, securities, banking and tax issues that arise in connection with the offering of products to employee benefit plans. Steve works on a wide variety of administrative, litigation and legislative matters involving tax-exempt organizations and ERISA. As a specialist in matters relating to Title I of ERISA, he has obtained numerous advisory opinions and exemptions. Steve also represents tax-exempt clients in IRS audits and appeals procedures, as well as restructuring non-profit organizations to address unrelated business income tax and other issues. In addition, he has worked on numerous DOL audits of plans and financial institutions that service plans. Steve has been selected by his peers to be included in "Best Lawyers in America," is top ranked by Chambers and was recently named as one of the 20 most influential persons in the retirement services industry. When he is not working on behalf of his clients, Steve spends a great deal of time on charitable endeavors.


Links


Like us on Facebook Follow us on Twitter Connect with us on LinkedIn VMS

  Back to "2010 CFDD Advisor Conference Speaker Interviews" Show Home
Back to "The Center for Due Diligence" Station Home