Excerpt: Further clarifying the scope of fiduciary responsibility under the statute, a unanimous Supreme Court issued its decision [yesterday] in Beck v. PACE Int'l Union, No. 05-1448 (U.S. June 11, 2007), which holds, per Justice Scalia, that the implementation of a decision to terminate by purchasing annuities rather than merging with a union's multiemployer plan does not violate any ERISA fiduciary duty[.]  MORE >>