The article examines Section 3(21) definition of fiduciary under Employee Retirement Income Security Act (ERISA) with emphasis on the proposed regulation of October 22, 2010. It states that the guiding principle for a named fiduciary and prudent expert is diversification that is achieving the ...
Peters (No. 21-761) address the application of ERISA’s fiduciary requirements to arms-length transactions between a plan administrator and a third-party that provides services to a plan. Howard Jarvis Taxpayers Association v. CA Secure Choice Retirement Program (No. 21-558), concerns whether ...
The article examines Section 3(21) definition of fiduciary under Employee Retirement Income Security Act (ERISA) with emphasis on the proposed regulation of October 22, 2010. It states that the guiding principle for a named fiduciary and prudent expert is diversification that is achieving the ...
It mentions that DC plan sponsors can be held liable for breaching their fiduciary duties. According to the North American Professional Liability Insurance Agency, the number of fiduciary claims has increased three times since the 1990s wherein plan sponsors surpass medical profession as subject of ...