NAPPA's 2017 Winter Seminar
The National Association of Public Pension Attorneys (NAPPA) held its 2017 Winter Seminar on February 22-24, 2017 at the Tempe Mission Palms Hotel in Tempe, Arizona. Yuliya Oryol first spoke on February 22 on "Open Records Laws, ILPA Reporting Template and New Fee Disclosure Regulations" during the Investment Section Meeting. This session focused on the efforts by public pension plans to better align interests with fund managers by insisting upon greater fee transparency and disclosure.
On the same day, Ashley Dunning presented on "All You (as In-House Attorney for a Public Retirement System) Ever Wanted to Know About Fiduciary Principles" in the Fiduciary and Plan Governance Section Meeting. This session discussed the fiduciary principles that should guide in-house counsel who advise public retirement systems and a review of recently legal developments.
On February 24, Ashley presented again on "War Stories and Practical Solutions Around Managing Risk," where she discussed various practical steps that plan counsel are taking to mitigate the address administrative risk, including discussions of how systems are managing cyber risk, and the benefits and drawbacks of different aspects of insurance coverage, including cyber coverage.
NAPPA is a professional legal and educational organization aimed at providing educational opportunities and informational resources for its member attorneys who represent public pension funds. This program is held annually for NAPPA members. Each of the four Section Steering Committees (Benefit, Fiduciary & Plan Governance, Investment, and Tax) determine the instruction topics based on current trends and issues.