Our Blog - Surety Matters

Our blog covering the latest in bonds and insurance
Displaying 2 results for: imprudent investments
ERISA 08.13.2019

Small Retirement Plans Seeing Increasing Fiduciary Breach Lawsuits

An excessive fee suit against a retirement plan holding $9 million in assets for 114 participants is being seen as the dawning of a new era in retirement plan fiduciary breach lawsuits. The suit, Damberg…
Read Moreabout Small Retirement Plans Seeing Increasing Fiduciary Breach Lawsuits

Small Retirement Plans Seeing Increasing Fiduciary Breach Lawsuits
ERISA 08.12.2019

Plan Fiduciaries Must Make “Prudent” Investments to Avoid Liability

Employee benefit plan fiduciaries have an obligation to make prudent investments to avoid a breach of fiduciary duty. Fiduciaries are personally liable for those damages the imprudent investments caused to plan participants. This is one of the…
Read Moreabout Plan Fiduciaries Must Make “Prudent” Investments to Avoid Liability

Plan Fiduciaries Must Make “Prudent” Investments to Avoid Liability