fiduciary risk

What Employers Should Know About DOL’s Retirement Plan Enforcement Principle Update
Team SummitEmployer Resource Center, Fiduciary GovernanceComments are off for this post
On April 14, 2026, the U.S. Department of Labor (DOL)’s Employee Benefits Security Administration (EBSA) released a field assistance bulletin laying out principles for its enforcement priorities. As the entity charged with ensuring the security of retirement plan benefits of American workers and their beneficiaries, EBSA enforcement priorities are closely watched by the regulated community.  Read More →
Fiduciary Hot Topics – Fall 2021
Team SummitEmployee Outcomes, Employer Resource Center, Fiduciary Governance, Plan Investments, Plan Operations & AdminComments are off for this post
Get cozy and settle in as we ‘spill the tea’ on the latest retirement plan updates. From ESG fund usage and class-action lawsuit chatter to Social Security and retirement reforms, there has been plenty of recent activity in the retirement plan landscape. New Department of Labor Regulations Will Greenlight the Use of ESG Funds in  Read More →
Reducing Fiduciary Liability: Key Tips to Follow
Team SummitEmployer Resource Center, Fiduciary GovernanceComments are off for this post
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 →

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