Day: August 16, 2021

The Duty to Disclose and Uncover Conflicts of Interest

ERISA plan service providers have a duty to disclose conflicts of interest as well as potential conflicts of interest to plan sponsors in a manner that the plan sponsor clearly understands. Of equal weight and arguably greater significance is the duty of the plan fiduciaries to uncover all conflicts and potential conflicts of interest with third party service providers. …

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“Thought Leadership,” and “Innovative Thinking,” DO NOT Imply “Proven Concept”

Uncategorized / By admin

As a plan fiduciary, are you willing to take a clever new idea that has yet to be tested and fully implement it as part of your company defined contribution plan? Is it right to treat your company retirement plan like a financial experiment? Is that really what your employees deserve? Maybe the more critical …

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