3 best practices for avoiding a fiduciary breach
Given the many lawsuits filed against retirement plan sponsors in recent years for breaching their fiduciary duties, here are the steps plan committees should be taking to mitigate risk.
Lately the news cycle has been riddled with stories of retirement plan committees being sued for breaching their fiduciary duties. While the first wave of lawsuits concerned defined-contribution plans at for-profit companies, the trend has since pivoted to target not-for-profit companies and institu
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