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Employers Face Looming Litigation Threat from 401(k) Plan Loan Defaults
Pensions & Investments
[Opinion] May 13, 2013 "The dramatic increase in pension leakage is a very bad omen for employers and fiduciaries. It signals that a broader cross section of American families has been adversely affected. This fact -- plus the increasing availability of optional death, disability and unemployment protection as a plan loan feature -- make fiduciary claims disproportionately more likely as time goes on. In fact, as a candidate for the next breach-of-fiduciary-duty cause du jour, pension leakage has a lot going for it." MORE >> |
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