The Employee Retirement Income Security Act of 1974 (ERISA) imposes upon plan sponsors and the individuals who administer employee benefit plans some of the most exacting standards of conduct known to American law. Fiduciaries must act prudently, diversify plan investments… Continue Reading →
When the Supreme Court resolves a question that has divided arbitrators and circuit courts for years, the immediate beneficiaries are the litigants—but the lasting effect falls on everyone who manages risk inside the ERISA system. The Court’s unanimous decision in… Continue Reading →
Plan sponsors often assume that the routine mechanics of a retirement plan, the payroll feeds, the contribution reconciliations, and the forfeiture accounting are administrative details handled quietly somewhere inside the recordkeeping system. A recent enforcement action brought by the United… Continue Reading →
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