Operating in Compliance Understanding IRS and DOL Audit Hot-button Issues and How Plan Sponsors Can Address Them

Transcription

1 OppenheimerFunds Continuing Education (CE) Program For Financial Advisors For Institutional Use Only Not for Use with the Public The OppenheimerFunds Continuing Education Program offers comprehensive seminars providing Continuing Education (CE) credits for Certified Financial Planners (CFP), Chartered Retirement Planning Counselors (CRPC), Chartered Retirement Plans Specialists (CRPS), Certified Public Accountants (CPE), Certified Investment Management Analysts (CIMA) and Insurance Agents. Most courses are approved for multiple designations, allowing you to satisfy CE requirements for more than one professional designation with just one course. Not all insurance credits are available in every state, so check with your Regional Advisor Consultant to see if a course is available in your state. Please note: Presentations in webinar format are eligible for CFP, CIMA, CRPC, CRPS, PACE, and RP credits. Webinars are not eligible for Insurance CE and CPE.* Audience Courses CPE CFP/CRPS CRPC CIMA Insurance 1 RETIREMENT PLANNING NEW! Advisor The Value of Custom Target Date Funds Advisor Form 5500 Data Mining Expanding Retirement Savings Opportunities with Roth Accounts N/A Roth IRA Conversions: Strategies and Opportunities for Investors 1 N/A N/A N/A Retirement Plans for Small Businesses Retirement Solutions for High Net Worth Business Owners Single K: For Small Business Owners Operating in Compliance Understanding IRS and DOL Audit Hot-button Issues and How Plan Sponsors Can Address Them Plan Sponsor Guide to Managing Their Fiduciary Responsibilities Social Security: A Retirement Income Cornerstone Not available in all states. Please check with your Senior Advisor Consultant at * Course approval status may change from day to day. Please consult your Senior Advisor Consultant at for updates

2 FINANCIAL PLANNING Audience Courses CPE NEW! CFP/CRPS CRPC CIMA Insurance 1 Election 2016 in Perspective N/A Compelling Wealth Management Conversations N/A Advisor Art of the Beneficiary Review College Savings: Helping Clients Find the Best Advisor Route N/A Advisor College is Affordable N/A INVESTMENT/ECONOMIC TOPICS Advisor MLP Taxation in Open-Ended Mutual Funds N/A Navigating the Low Yield Environment with Advisor MLPs N/A 1. Not available in all states. Please check with your Senior Advisor Consultant at * Course approval status may change from day to day. Please consult your Senior Advisor Consultant at for updates

3 Course Descriptions RETIREMENT PLANNING The Value of Custom Target Date Funds This seminar examines the varieties of TDFs highlighting the benefits and challenges. It explores fiduciary considerations of custom TDFs with emphasis on the DOL s 2013 tips for fiduciaries. Financial advisors will learn how to help plan sponsors review TDFs and determine if custom TDFs are a better fit for their plans and how to efficiently implement them with a semi-custom TDF approach. Available for: CFP, CRPC, CRPS, IMCA, PACE, RP and CPE Form 5500 Data Mining This course provides advisors with an understanding of how to use Form 5500 in order to identify gaps and deficiencies in current plans, and how to formulate recommendations to address those shortcomings. Expanding Retirement Savings Opportunities with Roth Accounts This course provides an overview of Roth and After-tax features -- examining the benefits and differences of each feature, and identifies the types of employees who are most likely to benefit from these features. It illustrates the tax impact, both short and long term of Roth features and examines the interplay of Roth and After-tax features in saving for retirement. Advisors will learn about the expanded Roth in-plan rollover option and how after-tax contributions can be leveraged to fund a Roth strategy. The presentation includes hypothetical case studies that illustrate how a participant can leverage these features and the consequent savings results of each. Available for: CFP, CRPC, CRPS, CPE, CIMA Roth IRA Conversions: Strategies & Opportunities for Investors This presentation reviews the new legislation that affects Roth and suggests possible strategies that can help investors benefit from these changes. (use this version for non-fa CPA audience) Available for: CPE only Retirement Plans for Small Businesses Targeted to small business owners, this presentation covers the importance of retirement plans, and reviews the most popular types of plans available for a range of business types, including SIMPLE IRAs, 401(k)s, Simplified Employee Pension (SEP) plans, profit-sharing plans, money purchase pension plans and paired plans that combine the attributes of different plans (like a paired profitsharing and money purchase pension plans). Retirement Solutions for High Net Worth Business Owners 2 credits This presentation explores alternative plan designs, including cross-tested plans, super comp plans and defined benefit plans

4 Single K SM for Small Business Owners This presentation explores a retirement savings alternative for owner-only employers who can shelter a significantly greater portion of income from taxation than was previously possible with conventional business retirement plans such as SIMPLEs and SEPs. This program covers the suitability of a Single K plan for different types of businesses, and how Single Ks are established, funded and handled from an administrative perspective. Available for: CFP, CRPC, CRPS, CPE and Insurance Operating in Compliance Understanding IRS and DOL Audit Hot-button Issues and How Plan Sponsors Can Address Them This presentation discusses IRS and DOL audit hot buttons, and walks through actual and hypothetical case studies which show common plan administration errors and explains how to mitigate or correct those mistakes. The presentation also covers best practices and provides checklists to help plan fiduciaries manage their plan. Available for: CFP, CRPC, CRPS, CPE and Insurance Plan Sponsor Guide to Managing Their Fiduciary Responsibilities This presentation provides the foundational information that plan fiduciaries must know in order to administer their plan properly from a fiduciary perspective. Available for: CFP, CRPC, CRPS, CPE and Insurance Social Security: A Retirement Income Cornerstone This seminar provides information on Social Security basics, age claiming impacts and special claiming options for widow(er)s, divorcees and married couples. It emphasizes the advantages of delaying Social Security past full retirement age (FRA) and, for married couples, stresses the importance for the higher wage earner to delay in order to maximize the survivor benefit. Lastly, it highlights the importance of incorporating Social Security into an overall retirement income plan. Available for: CFP, CIMA, CRPC, CRPS, and Insurance FINANCIAL PLANNING Election 2016 in Perspective During an election year, there are many common misperceptions about presidential politics. This course is intended to help advisors understand everything investors need to know and should ignore about the upcoming election, and the truths about the impact the parties have on the financial markets. Available for: CFP, CPE, CRPC, CRPS, IMCA, PACE, RP - 4 -

5 Compelling Wealth Management Conversations The single greatest challenge that investors face is to manage their emotions in the face of turbulent financial markets. Perceptions, misperceptions, fears and phobias are exacerbated by the 24-hour news cycle, and often stand between them and their long-term financial success. Our Compelling Wealth Management Conversations program uses the power of analogy, metaphor, story and visual illustration to help keep investors buckled in to their long-term wealth management and investment strategy. It can also help them understand the fundamental principles that illuminate and guide investment decisions and illustrate where some of the tactical opportunities lie. Available for: CFP, CPE, CRPC, CRPS, IMCA, PACE, RP Art of the Beneficiary Review A periodic review of client beneficiary selections is an invaluable service an advisor can offer. At the same time, these reviews provide significant opportunities to identify other areas where clients need planning help and advice. Advisors will understand typical errors made in selecting beneficiaries, or failing to properly update beneficiary selections as well as understand the skills needed to perform an effective beneficiary analysis and recommendations. College Savings: Helping Clients Find the Best Route Paying for college is not an all or nothing financial endeavor. College savings is an important part of any overall investment portfolio. This course is intended to educate advisors about 529 plans, how they work in tandem with financial aid and student loans and how it fits into an FA s business model incorporating retirement and estate planning to best serve their clients. Home Office Only Presentation Available for: CFP, CRPC, CRPS, CIMA and Insurance College Is Affordable Paying for college is not an all or nothing financial endeavor. College savings is an important part of any overall investment portfolio. This course is intended to educate advisors about 529 plans and how they work in tandem with financial aid and student loans as part of a realistic and comprehensive college savings strategy. Home Office Only Presentation Available for: CFP, CRPC, CRPS, CPE and CIMA only INVESTMENT/ECONOMIC TOPICS MLP Taxation in Open-Ended Mutual Funds There are many misconceptions about the tax implications of investing in MLPs that may lead to choosing a less-than-suitable investment structure. Understanding basic tax concepts, required tax reporting and treatment of a sale can help an investor or advisor choose the appropriate structure for themselves or their client. This program helps to explain the resulting tax consequences when investing in MLPs directly, through an SMA, pooled products or ETNs. Available for: CFP, CIMA, CPE, CRPC, CRPS - 5 -

6 Navigating the Low Yield Environment with MLPs Energy Infrastructure Master Limited Partnerships (MLPs) are fairly new investment vehicles and aren t widely understood in the marketplace. This program helps explain the history of the asset class, how companies within it operate and why this asset class may be viable for investors who seek income as well as diversification. Available for: CFP, CIMA, CPE, CRPC, CRPS - 6 -

7 OppenheimerFunds Sales Support Financial Advisors Financial Institution Division National/Regional Brokerage Firms oppenheimerfunds.com/advisors/ Appendix The following courses currently offer the HRCI: 1) Operating in Compliance Understanding IRS and DOL Audit Hot-button Issues and How Plan Sponsors Can Address Them; 2) Plan Sponsor Guide to Managing Their Fiduciary Responsibilities; 3) Retirement Solutions for High Net Worth Business Owners; 4) Social Security: A Retirement Income Cornerstone, and 5) Expanding Retirement Savings Opportunities with Roth Accounts 6) The Value of Custom Target Date Funds Shares of Oppenheimer funds are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of the principal amount invested. Before investing in any of the Oppenheimer funds, investors should carefully consider a fund s investment objectives, risks, charges and expenses. Fund prospectuses and summary prospectuses contain this and other information about the funds, and may be obtained by visiting oppenheimerfunds.com or calling Investors should read prospectuses and summary prospectuses carefully before investing. For Institutional Use Only. This material has been prepared by OppenheimerFunds Distributor, Inc. for institutional investors only. It has not been filed with FINRA, may not be reproduced and may not be shown to, quoted to or used with retail investors. Oppenheimer funds are distributed by OppenheimerFunds Distributor, Inc. 225 Liberty Street, New York, NY OppenheimerFunds Distributor, Inc. All rights reserved. DS March 24,