Reducing Fiduciary Liability: Key Tips to Follow
Bitcoin: Coming to a 401(k) Plan Near You?
In 2020, nearly 100 lawsuits alleging breach of fiduciary duty were filed. And with the number of 401(k) lawsuits on the rise targeting plans both large and small, sponsors are well-advised to consider taking additional measures to mitigate fiduciary risk where practicable. Here are a few to consider: Create and follow an IPS While not Read More →
How Fiduciaries Get Into Trouble [VIDEO]
Our previous report on Bitcoin (BTC), and the conclusions therefrom, remain relevant today. In short, the prudence in adding Bitcoin to a retirement plan is questionable, at best. Click here and read through our previous post discussing cryptocurrency and its supporting technology. Greater media coverage has caused BTC interest to grow exponentially, as has its Read More →
As a fiduciary, it’s critical to be aware of your duties and act with care, skill, prudence, due diligence, and solely in the best interest of plan participants. However, it’s equally as important to be aware of the common issues that can get fiduciaries into trouble. Check out this video from The Standard for a Read More →