Human Capital: ERISA Expert Fred Reish on Market Volatility, Stimulus Plan
In episode No. 12 of our podcast, we talk with popular ERISA attorney Fred Reish of Faegre Drinker Biddle & Reath.
In episode No. 12 of ThinkAdvisor’s Human Capital podcast, we talk with popular ERISA attorney Fred Reish of Faegre Drinker Biddle & Reath about the legal requirements and best practices that plan fiduciaries and advisors should be adhering to during the market volatility.
Reish also explains why it’s a good time for advisors to plan to review Investment Policy Statements with plan committee members, while also mulling potential changes to the IPS due to the upheaval brought on by the coronavirus pandemic.
Reish also details why plan sponsors and advisors should not be making “knee-jerk” investment decisions now and details provisions on enhanced participant loans, special coronavirus distributions and RMDs under the recently passed stimulus bill, Coronavirus Aid, Relief and Economic Security (CARES) Act.
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