ERISA Fiduciary Law Series, Part 4: ERISA Excesive Fees

Professional Liability Underwriting Society [PLUS]

This video series on ERISA Fiduciary Law highlights current ERISA issues in the Courts, Congress, or at the DOL. The Courts have been flooded with complex ERISA cases and resolutions to some involved large settlements.  Congress continues to pass legislation affecting employee benefit plans requiring plan sponsors to act.  And the DOL has certain enforcement and regulatory initiatives in the pipeline.  Jose M. Jara, counsel at Fox Rothschild, LLP, will guide you on ERISA topics by discussing in depth with special guests from the insurance industry to provide their insights for mitigating risks.

In this video, “Part IV: ERISA Excessive Fees,” Jose’s industry guest is Nicholas Landis, Head of Fiduciary Product at AIG.   They will discuss how the case law regarding excessive fees in defined contribution plans have developed leading up to the Hughes v. Northwestern Supreme Court decision, and the Circuit Court opinions construing the Hughes opinion.  Lastly, they will discuss risk mitigation tips as well as what should be on insurance carriers’ watch list.

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