A crackdown on mutual funds that pay indirect compensation to investment advisors and brokers is driving the need to decide wisely on the mutual fund share classes used by defined contribution plans. This podcast will help human resources mangers and other retirement plan fiduciaries gain a better understanding of how share classes differ and how they affect the risk culture of an enterprise.
Our guest expert reveals why federal regulators and class-action attorneys are obsessed with mutual fund share classes. Hear a concise description of five share classes and why retirement plan committee’s should have a clear understanding of their risks.
Host
Ronald E. Hagan is Chairman of Roland|Criss’ Risk Standards Committee. Ron has over 25 years of experience helping clients examine and improve their risk management practices for employee benefit plans qualified under the Employee Retirement Income Security Act of 1974. He is the engaging host of Roland|Criss’ weekly podcast and quarterly webinar series. His column The Excellent Fiduciary appears in each issue of the nationally published Journal of Compensation and Benefits.
Guest Expert
Christine L. Denton is Group Executive for Roland|Criss’ Risk Practice Group. Christine provides a wide, in-depth variety of experience advising retirement plan committees on fiduciary best practices. She holds the Accredited Investment Fiduciary Analyst™ (AIFA®) accreditation and the Governance, Risk, and Compliance Professional (“GRCP”) certification. Christine has also held securities licenses issued by the Financial Industry Regulatory Authority (“FINRA”), although those licenses are not currently active. She earned her Bachelor’s degree in Finance from Baylor University.
