Posted: 7/17/2007

Roberta Ufford participated in a webcast entitled, " Unitized 401(k) Plan Assets – Issues and Trends" on July 18, 2007 from 12:00pm-1:30pm ET.

Panelists:

Larry Harris, President, unitZXchange

Chris Martin, Senior Vice President, USI Consulting Group
Roberta Ufford, Partner, Groom Law Group
Gail Weiss, Managing Director, Ameritrade
Larry Goldbrum, General Counsel, The SPARK Institute (Moderator)

Description:

Recent litigation, regulations, fiduciary issues, and operational issues should all be taken into account by service providers that maintain these accounts for retirement plans. Industry trends that are moving towards increased use of managed accounts, non-mutual fund investments, and plan level investment accounts have accelerated the growth and use of unitized accounts. At the same time litigation involving unitized company stock remains an issue. However, improved techniques for unitization and the ability to trade unitized assets on national trading platforms make offering and servicing unitized assets more viable for plan service providers and plan sponsors.

Topics Include:

Litigation update, including techniques to minimize litigation risk and managing liquidity.

Regulatory issues, including issues relating to the use of unitized fund across plans and companies, and participant disclosure.

Fiduciary issues relating to investment managers, liquidity decisions, and documentation.

Operational issues, including trading platforms, trade settlement, pricing, performance, and internal fund accounting.

Download the presentation.