Fiduciary Liability Insurance

Plan sponsors are often concerned with the prudence and process of obtaining insurance covering ERISA retirement plan fiduciaries. While fiduciary insurance is an important aspect in mitigating the financial impact of fiduciary litigation, there are a number of additional, important activities that are prudent for fiduciaries to embrace. ERISA fiduciaries are well advised to follow a comprehensive strategy to optimize fiduciary risk mitigation. Other important … Continue reading Fiduciary Liability Insurance

Giving Thanks to Plan Participants, Plan Sponsors and the DOL

Thanksgiving is my favorite holiday. Lots of food, football, good cheer and you don’t have to buy presents. It is also a time to reflect and be thankful for the good fortune in our lives, and for those who love us or have helped us in some way. I am thankful to many in the retirement plan industry who I have partnered with and learned … Continue reading Giving Thanks to Plan Participants, Plan Sponsors and the DOL