Our Blog - Surety Matters

The three main elements of a fiduciary breach case are: 1) a breach, 2) a loss, and 3) that the loss was caused by the breach. Unfortunately for breaching fiduciaries, they’re often the ones who…
Read Moreabout In Fiduciary Breach Case, Fiduciaries Must Prove That Choices Did Not Cause Loss

In the case of White v. Chevron (N.D. Cal 2016), the plaintiffs alleged breaches of its fiduciary duty for not choosing proper investments for plan funds, by choosing to invest in funds that performed poorly, and cost…
Read Moreabout Can You Avoid Fiduciary Liability?

Plans can very easily come under threat. Whether it’s from larceny, forgery, embezzlement, or misappropriation, theft, and fraud are unfortunate facts of plan administration. So how do you protect your plan against those threats of…
Read Moreabout Why Does Your Plan Need an ERISA Fidelity Bond?

In a November 6, 2018 ERISA Advisory Council report, the Council recommended the Department of Labor (DOL) issue new ERISA fidelity bond guidance after evaluating current DOL regulations and guidance. In the report to Secretary of Labor…
Read Moreabout ERISA Advisory Council Recommends New DOL ERISA Bond Guidance

Keeping track of every plan sponsor’s ERISA fidelity bonding status can be tough. No matter how many plans you are in charge of, it is difficult to remember what is what with information the spread…
Read Moreabout The Bond Compliance Program for Pension Professionals

Employee benefit and retirement plans make companies and business that offer them fantastic places to work. Yet mistakes or dishonesty can happen to even the best companies, which can put those benefits at risk. That’s…
Read Moreabout Four Important Facts About ERISA Fidelity Bonds