Jump to content

Has any court found that an actuary might be a plan fiduciary?


Peter Gulia
 Share

Recommended Posts

Does anyone know about any court decision that found an actuary was a plan fiduciary, or at least that a complaint sufficiently alleged that an actuary was a plan fiduciary?

Peter Gulia PC

Fiduciary Guidance Counsel

Philadelphia, Pennsylvania

215-732-1552

Peter@FiduciaryGuidanceCounsel.com

Link to comment
Share on other sites

  • 1 month later...

Actuaries can only be liable for malpractice if they are considered to be professionals under state malpractice law. Professionals include doctors, lawyers and accountants. In NY actuaries are not considered to be professionals so they can be sued for breach of contract which has a 6 year statute of limitations instead of the shorter 3 year s/l for malpractice.

mjb

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...