IRA Rollover Compliance Under PTE 2020-02

Description

In this recorded webinar, Bryan Hill, President of RIA Compliance Consultants, discusses the specific steps an investment adviser firm, which recommends the rollover of retirement plan assets to an individual retirement account (“IRA”), needs to take to comply with the U.S. Department of Labor’s PTE 2020-02 and avoid a prohibited transaction under ERISA.

The webinar covers fiduciary acknowledgement, conflicts of interest disclosure, impartial conduct standards, specific factors for evaluating an IRA rollover, prohibitions with respect to payout grids for investment adviser representatives, the requirements of the retrospective annual compliance review and how to correct a violation.

This webinar was presented live on Thursday, February 24 at 12:00 p.m. CDT.

Additional Resources

• Recorded Webinar – IRA Rollovers Under U.S. Department of Labor’s PTE 2020-02
• DoL Clarifies Fiduciary Advice Exemption for IRA Rollovers
• WSP/CoE Section Update – IRA Rollover Recommendations