It’s not the kind of clash that involves jabs, strikes, and physical blows, but conflicts with your record keeper can lead to even more serious consequences than a fist fight. As we have seen with the Department of Labor’s recent investigation into Wells Fargo potentially steering its retirement-planning clients into…
In our latest whitepaper, we dissect and discuss some of the more critical sections of the ERISA regulations on fiduciary duty for the benefit of plan sponsors. The paper highlights the ERISA code broadly, so I’m going to pull out specific language from the regulations in a series of blog…
The marketing of “fiduciary warranties” has increased in recent years, in response to a wave of lawsuits against retirement plan sponsors charging breach of fiduciary duty. But the fine print found in many of these “warranty” agreements does not offer as much protection as many plan fiduciaries may believe. Plan…