Add Yahoo as a preferred source to see more of our stories on Google. Acting as a fiduciary is a huge responsibility. It means you promise to act on behalf and in the best interest of another person ...

Marketing vs. factual research: what to trust (and what to question) ...

In a Q&A with PLANADVISER, expert benefits attorney Erin Turley points to a critical emerging challenge for the retirement plan services industry and its clients: a significant tightening in the ...

Offering provides expanded flexibility, control and protection for corporate directors and officers and fiduciaries WHITEHOUSE STATION, N.J., Dec. 22, 2020 /PRNewswire/ -- Chubb has enhanced its ...

In the weeks following a ground-breaking Supreme Court case allowing individual 401(k) participants to sue employers, lawyers have been recommending that advisers require plan sponsors to purchase ...

Department of Labor officials ushered in what is sure to be a fierce, and lengthy, legal battle today with a preview of its long-awaited, and industry despised, Retirement Security Rule. The official ...

Erupting ERISA litigation is forcing defined contribution sponsors to endure higher fiduciary liability insurance premiums, with some renewals costing double or triple and most averaging double-digit ...

The extreme pace of new 401(k) lawsuits this year is showing the legally precarious spot most plan fiduciaries occupy, and that position is only becoming more difficult. It is rare for a plan to have ...

The Department of Labor is determined to extend fiduciary obligations to annuity sales made with the trillions of retirement plan dollars. Efforts to do so have been at least a decade in the making.

Will a broader application of the fiduciary standard be accompanied by higher insurance costs? Some broker/dealers are bracing for the possibility. The proposed financial overhaul legislation before ...

Fiduciary liability insurance is a specialized form of professional liability coverage designed to protect individuals and organizations that manage employee benefit plans. This includes anyone who ...

Acting as a fiduciary is a huge responsibility. It means you promise to act on behalf and in the best interest of another person or multiple people. The more people who have placed their trust in you, ...