CARES Act, SECURE Act, and the Pandemic – As a Fiduciary How Are You Managing?
July 8, 2020 @ 11:00 am - 12:00 pm PDT
In the past 6 months, the longest-lasting equity bull market on record came to end, the physical constraints imposed in response to the viral outbreak pushed the global economy into a recession with historic proportions, and the sudden stop of economic activity forced policy makers around the world to address the fallout in unprecedented ways.
Please join us for a call with Michael Moran, Managing Director and GSAM Pension and Retirement Specialist, and Chris Ceder, Vice President and Retirement Strategist, to hear their thoughts and insights on the past 6 months and what lies ahead in the latter half of the year for the defined contribution space.
Key Topics Discussed on the Call:
- Providing a mid-year recap as two major pieces of 401k legislation were implemented (SECURE and CARES ACT) as well as providing further guidance on RegBI
- Monitoring new plan activity while discussing the shift that investment menus faced as a result of COVID 19
- Discussing how the COVID experience changed the relationship employers have with their employees, and how the COVID-19 crisis has shaped education responsibilities about preparing for the next market event