What is fiduciary duty anyway?
Philip Goss, partner at Linklaters, says a trustee’s true fiduciary duty is best described as exercising their powers “for ...
Benefits Pro3d
Most 401(k)s have at least 1 fiduciary ‘red flag’ violation: Is yours at risk?
More than 600,000 American companies could be at risk of fines, legal penalties and fiduciary failure for failing to ...
Benefits Pro10d
New fiduciary rule on hold again, as DOL puts a pause on its appeal of the federal court stays
The Labor Department has filed a motion to pause two federal court cases challenging the Retirement Security Rule, which was ...
ISS Announcement Raises Key Questions About DEI And Fiduciary Duty
When politics and fiduciary duty collide, many investors ultimately believe that fiduciary duty must win. Eric Darrisaw, ...
Straz Foundation sues Northern Trust for alleged mismanagement of $10M account
The foundation of late Tampa philanthropist David A. Straz Jr. claims Northern Trust was motivated by animosity related to ...
JD Supra3d
Updated Voluntary Fiduciary Correction Program for ERISA Plans Includes Self-Correction Features
As announced in our previous HR Law Talk blog post, on January 15, the U.S. Department of Labor’s (DOL) Employee Benefits Security ...