12/26/2002: Opinion: Limitation of Liability Clauses Protecting Pension Service-Providers are Laughable (The Benchmark Companies)Dec. 2002 issue. Excerpt: "The surest sign trouble lies ahead for pensions is the recent effort by some of the largest actuarial and pension consulting firms ... to coerce their pension clients to agree to limitation of liability (LOL) provisions in their contracts.... Errors by these firms can be disastrous to pensions. What do these professionals know that has them running scared? Why are they so worried now?"
Important word about authorship:
BenefitsLink ® (BenefitsLink.com) provides this page for you, with a hypertext link to an item we think is interesting and valuable for companies sponsoring employee benefit plans, employees who participate in plans, and firms who provide products and services to plans. But BenefitsLink is not the author of the item to which this hypertext link will take you (unless expressly indicated there).
|
|
|
