Regional Vice President of Sales The Retirement Plan Company
|
Bates & Company, Inc.
|
AimPoint Pension
|
Loan & Distribution Specialist AimPoint Pension
|
Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
|
Compass
|
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
Ninth Circuit Decides Selection of Retail Mutual Funds Was a Breach of Fiduciary Duty
Leonard, Street and Deinard Apr. 1, 2013 "The Tibble case reminds plan fiduciaries that following a prudent process is the most important defense against future claims for fiduciary breach. It was not what the Tibble Plan Committee did (include selected retail mutual funds), that got it in trouble. It was the fact that they had not investigated or considered available institutional funds which had annual investment fees 40 basis points less than the selected funds in their review process." |
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title). |
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |