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Leslie Bonacum
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Neil Allen
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CCH Presents Audio Seminar: “Fiduciary Responsibility After PPA 2006”

(RIVERWOODS, ILL., November 9, 2006) – CCH, a part of Wolters Kluwer Law & Business and a leading provider of business compliance information, software and services is presenting a 90-minute audio conference entitled “Fiduciary Responsibility After PPA 2006 – The Law & Its Practical Applications” featuring two leading experts in the field, Brian Costello of Genesee Valley Trust and Michael B. Snyder of Harris Beach LLC, on Tuesday, November 14, at 3 p.m. Eastern, 2 p.m. Central (http://hr.cch.com/audio/PPA-FUD.asp).

With the enactment of the Pension Protection Act of 2006 (PPA), plan sponsors have new opportunities and choices for their plans, but they also must understand and meet new fiduciary requirements. For example, should a plan sponsor utilize the new safe harbors for automatic enrollment? Are there alternatives that may provide a better level of fiduciary safety? Is it worth providing investment advice, and if so, how should it be done so as to meet the new standards?

This seminar is a chance to get comprehensive information on the significant changes in the fiduciary rules that have been impacted by the PPA. Topics to be covered include:

  • What is the new Fiduciary Safe Harbor for automatic enrollment into participant-directed plans under the PPA? What are the practical problems and opportunities? Are there any hidden costs?
  • Do the new statements required for participants increase or decrease the burden on the plan sponsor, and how the plan sponsor can meet the fiduciary requirement in a cost-effective manner?
  • Are you eligible for PPA relief from paying for an annual bond for your plan?
  • Why is it that “Everybody Loves Raymond,” but no one loves QDROs? What are the new coming QDRO requirements and the holes still left?

The seminar will include a live question-and-answer session.

Expert Presenters Lead Seminar

Brian Costello is Senior Vice President, Sales and Marketing at Genesee Valley Trust. He is responsible for the development of new business and the marketing and promotion of Genesee Valley Trust’s investment management and fiduciary services. He is also responsible for identifying and implementing different investment, estate and fund raising strategies to help new and existing clients reach their goals. Costello has over 20 years of financial planning and investment experience, which includes building and servicing a client base of not-for-profits, corporations, and individuals for a local growth manager and a national value manager.

Michael B. Snyder is of Counsel in the Rochester, N.Y., office of Harris Beach, one of the country’s top 250 law firms. He has received the Preventative Law Book of the Year Award from the National Center for Preventative Law for Designing an Effective ERISA Compliance Program. Snyder is also the author of Aspen Publishers’ ERISA Fiduciary Compliance: A Practical Guide to Participant Directed Investments. He previously served as Eastman Kodak Company’s Director of Benefits Strategy, developing and implementing long-term retirement, savings, bonus and health care plans. He was also the first president and chief operating officer of ESL Investment Services, Inc., which offers securities, mutual fund and annuity investment services to ESL Federal Credit Union members.

How the Audio Seminar Works

CCH’s live audio seminars require nothing more than a telephone connection. For the $249 per site fee, an unlimited number of listeners at a site can participate and get up to speed and in-the-know on this important topic.

Special Bonus

Along with detailed handout materials, each site registering for this audio seminar will have 60-day access to a streamed audio recording of the event, a $249 value.

How to Register

To register online using a credit card go to http://hr.cch.com/audio/PPA-FUD.asp. To register by phone, please call 1-800-775-7654.

About Wolters Kluwer Law & Business

Wolters Kluwer Law & Business is a leading provider of research products and software solutions in key specialty areas for legal and business professionals, as well as casebooks and study aids for law students. Its major product lines include Aspen Publishers, CCH, Kluwer Law International and Loislaw. Its markets include law firms, law schools, corporate counsel and professionals requiring legal and compliance information. Wolters Kluwer Law & Business, a unit of Wolters Kluwer, is based in New York City and Riverwoods, Ill.

Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory, and education sectors. Wolters Kluwer has annual revenues (2005) of €3.4 billion, employs approximately 18,400 people worldwide and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, visit www.wolterskluwer.com.

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