Investments Commonly Held in Benefit Plans With a Focus on Insurance Products
OL1148 | On Demand Course | Update | Self-Study
Description
Most of us understand mutual funds - they are publicly traded and disclosed in the fair value hierarchy as Level 1 investments. However, insurance products such as pooled separate accounts, stable value funds, and GICs represent an ongoing challenge for plan sponsors and auditors. There is a lack of a clear understanding regarding nature of these plan investments, and there is variation in reporting/practices from insurance companies. Join us to discuss insurance products, their valuation and disclosure requirements, as well as some other investments that are prevalent in employee benefit plans.
This course is part of the 2024 Employee Benefit Plans Conference Bundle. Purchase the conference bundle here.
Credits
| Number of Credits | Type of Credits |
|---|---|
| 1.00 | Auditing |
Prices
- Member (Early Bird)
- $49.00
- Non-Member (Early Bird)
- $79.00
- Member
- $49.00
- Non-Member
- $79.00
Instructors
Steven W. Glasgow, CFA, CIMA, AIF, CPFA, CEPA
Steven is the EVP, Financial Advisor with Tower Circle Partners of Janney Montgomery Scott. Steven and his team Joined Janney Montgomery Scott from Avondale Partners, where he was a founding member of the advisory business for the Nashville TN. investment banking boutique. He brings more than 25 years of experience working with institutional investors including defined contribution plans, defined benefit plans, endowments and foundations, as well as corporate cash mandates.
Steven has been recognized by PLANADVISER magazine as one of the nation's "Top 100 Retirement Plan Advisors" for multiple years and was named to the Financial Times "Top 401" Retirement Plan Advisor" List every year since its inception. The team also routinely is recognized by the National Association of Plan Advisors as a "Top Advisory Team" including for 2024. Forbes recently named Steven and his team to the "Best-In-State" wealth advisors 2024, for their work with individuals and families.
Steven received his bachelor's degree in finance from Auburn University and his MBA from the Crummer School of Business at Rollins College. He is a Chartered Financial Analyst (CFA) and Certified Investment Management Analyst (CIMA) designee. He holds the Accredited Investment fiduciary (AIF) designation and also earned the CPFA (Certified Plan Fiduciary Advisor) designation through the National Association of Plan Advisors. Steven completed the Certified Exit Planning Advisor designation (CEPA) and applies the planning methods taught by the Exit Planning Institute for owners of closely held family businesses.
His team at Janney works with plan sponsors overseeing more than $9 Billion of institutional retirement assets.
Back to InstructorsJanet G. Neighbors, CPA
Janet is a Managing Director in the LBMC Audit and Advisory practice. She audits and helps clients address employee benefit and ERISA matters related to 401(k) plans, 403(b) plans, and defined benefit pension plans. Her experience includes both ERISA Section 103(a)(3)(C) audits and non-ERISA Section 103(a)(3)(C) audits for benefit plans of public companies, privately-held companies, and schools. In addition to the accounting and audit aspects of qualified employee benefit plans, Janet is well versed in operational compliance violations in regard to the IRS and Department of Labor regulations. Janet keeps current on the latest literature applicable to the requirements of ERISA, IRS and Department of Labor related to qualified employee benefit plans in order to develop training and perform pre-issuance and quality control reviews of employee benefit plans for LBMC.
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