C. Frederick Reish is a partner in the firm's Employee Benefits & Executive Compensation Practice Group, Chair of the Financial Services ERISA Team and a member of the Retirement Income Team. His practice focuses on fiduciary issues, prohibited transactions, tax-qualification and retirement income. He works with both private and public sector entities and their plans and fiduciaries; represents plans, employers and fiduciaries before the governing agencies (e.g., the IRS and the DOL); consults with banks, trust companies, insurance companies and mutual fund management companies on 401(k) investment products and issues related to plan investments and retirement income; and represents of broker-dealers and registered investment advisers on issues related to fiduciary status and compliance, prohibited transactions and internal procedures.
Fred serves as a consultant and expert witness on ERISA litigation and FINRA arbitration, with a focus on cases involving broker-dealers, registered investment advisers, financial service companies and other service providers. Fred's experience includes advising insurance companies and investment managers of the development of products and services that are consistent with ERISA's fiduciary standards and prohibited transaction restrictions, including retirement income investments and guarantees. Fred is also a consultant member of the Institutional Retirement Income Council (RIC), which focuses on retirement income issues and products.
Professional Recognition and Awards
Fred has received a number of awards for his contributions to benefits education, communication and service, including:
· Selection by PLANADVISER magazine as one of the 5 "Legends" of the retirement industry and with retirement advisers.
· The American Society of Pension Professionals & Actuaries (ASPPA)/Morningstar 401(k) Leadership Award for directly and positively influencing the ability of Americans to build successful retirements.
· Selection by PLANSPONSOR magazine as one of the 15 Legends in the development of retirement plans.
· Recognition by 401kWire as the 401(k) Industry's Most Influential Person for 2007 (and has, for every year of that survey, been in the top 10).
· Recipient of the IRS Director's Award and the IRS Commissioner's Award for his contributions to employee benefits education.
· Received Lifetime Achievement Awards from PLANSPONSOR magazine and from Institutional Investor for his contributions to the benefits community.
· Received the Eidson Founder's Award from ASPPA for his significant contributions to that organization and to the benefits community.
· Recognition as one of "The Best Lawyers in America."
· Received the Alumni Service Award from Arizona State University.
On behalf of ASPPA, he has co-authored amicus curiae briefs with the Supreme Court of the United States in the case of Patterson v. Shumate and with the Tax Court in the case of Citrus Valley Estates v. Commissioner of Internal Revenue.
Publications
Fred has written four books and over 350 articles on fiduciary responsibility, prohibited transactions, IRS and DOL audits, and pension plan disputes. He authors a monthly column on 401(k) fiduciary responsibility for PLANSPONSOR magazine, and has written a quarterly column on that subject for the Journal of Pension Benefits.
As an experienced lawyer on benefits matters, Fred is frequently quoted by both professional and public publications, includingThe Wall Street Journal, Fortune, Forbes, Inc., CFO Magazine, New York Times, Washington Post, Los Angeles Times, USA Today, Institutional Investor, PLANSPONSOR, and Pensions & Investments.
Speaking Engagements
Fred is a nationally known speaker on fiduciary responsibility, technical compliance matters and litigation issues. He has spoken at the annual conferences of the American Bar Association, the American Society of Pension Professionals and Actuaries, the Western Pension and Benefits Conference, the Enrolled Actuaries Conference, the International Foundation of Employee Benefit Plans, and the National Institute of Pension Administrators.
In General. Fred received a J.D. from the University of Arizona James E. Rogers College of Law and B.S. from Arizona State University.
Professional & Civic Associations
· Member, Insured Retirement Institute's Federal Regulatory Committee
· Member, Centre for Fiduciary Excellence (CEFEX) Advisory Council
· Member, Wolters Kluwer Law & Business Pension Editorial Advisory Board
· Charter Fellow, American College of Employee Benefits Counsel
· Teacher, "Pension and Profit Sharing" at the Masters of Business Tax Program, University of Southern California
· Member, Board of Directors, American Society of Pension Professionals and Actuaries (ASPPA)
· Co-Chair, Government Affairs Committee, ASPPA
· Co-Chair, Los Angeles IRS Benefits Conference (10+ years)
· Former Co-Founder, ASPPA 401(k) Summit Conference
· Member, Executive Committee, National Conference of the Employee Benefit Security Administration, U.S. Department of Labor
Publications
5/10/2012, The Final 408(b)(2) Regulation: Impact on Investment Managers
Investment Management Bulletin
Fred Reish, Joan Neri, Bruce Ashton, Gary Ammon, Bradford Campbell
4/1/2012, "The Problem With Spending Too Fast: Retirement Savings Withdrawal Rates"
Institutional Retirement Income Council
Fred Reish, Bruce Ashton
3/15/2012, "Complexity of Design: Targeting Target Date Funds"
PLANSPONSOR
Fred Reish
2/28/2012, Re-Enrolling: Doing Well While Doing Good
John Hancock Mutual Funds
Fred Reish
2/24/2012, Fiduciary Considerations for Insured Retirement Income Products: Focus on Guaranteed Withdrawal Benefits
Bulletin
Fred Reish, Bruce Ashton
2/14/2012, The Final 408(b)(2) Regulation: Impact on RIAs
Client Bulletin
Fred Reish, Bruce Ashton, Joan Neri
2/3/2012, Finally the Final ... 408(b)(2) Regulation
Employee Benefits & Executive Compensation Alert
Bruce Ashton, Fred Reish
2/1/2012, "The Rise & Fall of Employer-Sponsored Pensions"
Workforce Management
Fred Reish
1/24/2012, Capturing Rollovers
Client Alert
Fred Reish
1/15/2012, "Careful Endorsements"
PLANSPONSOR
Fred Reish
1/1/2012, "408(b)(2) and the Rise of Benchmarking"
Sparks Journal
Fred Reish, Bruce Ashton, Joseph Faucher
12/19/2011, "Labor's Tenacious Rule Maker Isn't Done With 'Fiduciary' Fight"
Investment News
Fred Reish
12/14/2011, "Minimizing Risks for Charity Board Members"
Daily Journal
Fred Reish, Bruce Ashton
12/8/2011, Fiduciary Investment Advice for Participants
Employee Benefits & Executive Compensation Alert
Fred Reish, Bruce Ashton, Gary Ammon
12/1/2011, "Burden "Sum""
PLANSPONSOR
Fred Reish
11/22/2011, "7 Areas of 'Relief' for Advisors in DOL's Re-Proposed Fiduciary Rule"
Advisor One
Fred Reish
11/16/2011, "Generation X: Time to Reboot"
Forbes
Fred Reish
11/1/2011, "'Class' Actions: Class-Action Litigation Concerning Expenses and Revenue-Sharing"
PLANSPONSOR
Fred Reish
10/30/2011, "'Safe' Hows: The Fiduciary Safe Harbor for Investment Managers"
PLANSPONSOR
Fred Reish
10/25/2011, "COMPLY: Labor Probe Seen Clarifying Fiduciary Rule"
Reuters
Fred Reish
10/20/2011, DOL Investigations: Broker-Dealers and RIAs as Targets
Investment Management Insights
Fred Reish, Bruce Ashton, Summer Conley
10/5/2011, Service Provider Disclosures: The Impact on Plan Sponsors
Employee Benefits & Executive Compensation Bulletin
Fred Reish, Bruce Ashton
10/3/2011, "Fiduciary Considerations for Insured Retirement Income Products: Guaranteed Withdrawal Benefits"
Journal of Pension Benefits
Fred Reish, Bruce Ashton
9/30/2011, Open Multiple Employer Plans: Tax and ERISA Considerations
401k Safe
Fred Reish, Bruce Ashton, Joshua Waldbeser
9/1/2011, The Risk of Growing Old: Protection against losses is more important during retirement
Plansponsor.com
Fred Reish
8/2/2011, "Fiduciary implications: Using re-renrollment to improve target date fund adoption"
J.P. Morgan Asset Management
Fred Reish, Bruce Ashton
8/2/2011, "The Proposed Regulation on Fiduciary Advice and Its Impact on Record Keepers and Broker-Dealers"
The Spark Journal
Fred Reish
8/2/2011, Investment Management News
Fred Reish, Bruce Ashton
8/1/2011, Living "Room"?: The problem with living too long
Plansponsor.com
Fred Reish
8/1/2011, Workers, Employers Fret About Life After Retirement - 25 Years Later
Workforce Management Benefits
Fred Reish
8/1/2011, "New DOL Regulations Raise the Bar for Plan Fiduciaries"
Employee Benefit News
Fred Reish
8/1/2011, "Getting Ready for the 408(b)(2) Regs?"
401(k) Advisor
Fred Reish
7/20/2011, Fee Disclosure Compliance Delayed
Financial Services ERISA Alert
Fred Reish, Bruce Ashton
7/8/2011, "Seeking Investment Flexibility In a 401(k)"
The New York Times
Fred Reish
7/1/2011, Being Reasonable About Plan Expenses
Plansponsor.com
Fred Reish
6/20/2011, "Best Annuities"
Barron's
Fred Reish
6/6/2011, The DOL's 408(b)(2) Regulation: Impact on Investment Managers
Investment Management Alert
Fred Reish, Bruce Ashton
6/1/2011, Targeting Date Funds: What you need to know about TDFs
Plansponsor.com
Fred Reish
6/1/2011, The Prudence Standard: Affiliated Products and Services
Drinker Biddle
Fred Reish, Bruce Ashton, Summer Conley
5/4/2011, The Problem With Living Too Long
Employee Benefits & Executive Compensation Bulletin
Fred Reish, Bruce Ashton
5/1/2011, QDIA Demographics: The approach that plan sponsors should take in designing the investment strategy for pooled defined contribution plans
Plansponsor.com
Fred Reish
3/1/2011, Retirement Requirement: Does your company sponsor a 401(k) savings plan or a 401(k) retirement plan?
Plansponsor.com
Fred Reish
2/1/2011, The Impact of 408(b)(2) on Service Providers
Bulletin
Fred Reish, Bruce Ashton
2/1/2011, Fiduciary Status for Referrals
ERISA Controversy Report
Fred Reish
2/1/2011, Part of the "Parcel": Benchmarking as a part of a prudent process
Plansponsor.com
Fred Reish
1/1/2011, Running the Fund: "Safe" Passage
Plansponsor.com
Fred Reish
1/1/2011, The New Form ADV Part 2: Convergence of ERISA and Securities Law Disclosure
Bulletin
Fred Reish
1/1/2011, Class-ifying Mutual Funds: the duty to understand mutual fund costs
Plansponsor.com
Fred Reish
12/1/2010, Growth Is Good and Less Expensive: If you don't ask, you won't know
Plansponsor.com
Fred Reish
12/1/2010, Cover: Excessive Forces
Plansponsor.com
Fred Reish
11/1/2010, Roth Is Wrong--for Some People: Part II
Plansponsor.com
Fred Reish
10/1/2010, Too Safe Is Too Bad: Safe investments may not be safe...for fiduciaries
Plansponsor.com
Fred Reish
9/1/2010, Theories and Realities: Target-date funds and modern portfolio theory
Plansponsor.com
Fred Reish
9/1/2010, The DOL's 408(b)(2) Regulation: Impact on Broker-Dealers and Registered Representatives
Employee Benefits & Executive Compensation Alert
Fred Reish, Bruce Ashton
8/1/2010, The DOL's 408(B)(2) Regulation: Impact On Registered Investment Advisers (RIAs)
Fred Reish, Bruce Ashton
8/1/2010, Roth Is Wrong--for Some People
Plansponsor.com
Fred Reish
7/1/2010, Beware of Gifts: Prohibited transactions and conflicts of interest
Plansponsor.com
Fred Reish
6/1/2010, The 401(k) Destination: If you don't know where you are going...
Plansponsor.com
Fred Reish
5/1/2010, Past, Present, and Future: Monitoring 401(k) investments
Plansponsor.com
Fred Reish
3/1/2010, The Target-Date Duty: Time for a new look at TDFs
Plansponsor.com
Fred Reish
2/1/2010, Analyze This: Cost benefit analysis requires a long view
Plansponsor.com
Fred Reish
1/1/2010, Document "Ed": Customize your plan document
Plansponsor.com
Fred Reish
12/1/2009, Removal "Spot": The duty to remove investments
Plansponsor.com
Fred Reish
11/1/2009, Question "Marks": Four questions for fiduciaries about TDFs
Plansponsor.com
Fred Reish
10/1/2009, Directing the Plan: Directors as fiduciaries
Plansponsor.com
Fred Reish
9/1/2009, Reasonable Approaches: Are your fees reasonable?
Plansponsor.com
Fred Reish
Speaking Engagements
6/26/2012, IRI 2012 Government, Legal & Regulatory Conference
"SEC and DOL Fiduciary Initiatives"
Fred Reish, Washington, DC
6/13/2012, 4th Annual Qualified Plan Fiduciary Summit
Keynote Speech
Fred Reish, Kansas City, MO
5/17/2012, ASPPA
"The Evolution of Target Date Funds"
Fred Reish
4/25/2012, Fi360 Annual Conference on Fiduciary Responsibility
Fred Reish, Chicago, IL
4/5/2012, PLANSPONSOR
"Meeting the DOL Requirements of Participant Fee Disclosure"
Fred Reish
3/14/2012, Spark Institute
"Final 408(b)(2) Rules - Unexpected and Under-covered Issues"
Fred Reish
2/16/2012, John Hancock Webcast for TPAs
"What the Final 408(b)(2) Means to TPAs"
Fred Reish
2/14/2012, Southern California Compliance Group
"408(b)(2) Disclosures and Agreements"
Fred Reish
2/9/2012, Pioneer Investments Webcast
"The DOL Has Spoken... What You Need to Know about 408(b)(2)'s Final Rule"
Fred Reish
10/21/2011, LIMRA
"Fiduciary Advice Proposal: Challenges for Broker-Dealers and Insurance Company Providers"
Fred Reish
10/17/2011, Center for Due Diligence
"2011 Advisor Conference"
Fred Reish, Bruce Ashton, Chicago, IL
8/10/2011, MassMutual Retirement Services
"Plan Health and Retirement Readiness"
Fred Reish
8/2/2011, J.P. Morgan Asset Management Re-enrollment Strategies
"Strategies to improve target date fund adoption in defined contribution plans"
Fred Reish