Regional Vice President of Sales The Retirement Plan Company
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AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Compass
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Dudenhoeffer Dust Will Take Time to Settle
Todd Berghuis, for Ascensus Aug. 4, 2014
"Some have seen the Supreme Court's ruling as a blow to fiduciaries of plans offering employer securities, expecting a rash of new stock drop lawsuits.... Although the selection of prudent investments is clearly the province of a plan's fiduciaries, we would caution plan sponsors not to react in knee-jerk fashion and blindly remove what might be a prudent option from its investment lineup. A close look at the Court's ruling may conclude that it actually raised the bar and made it more difficult for stock drop cases to be brought successfully."
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