Featured Jobs
|
Distributions Processor - Qualified Retirement Plans Anchor 3(16) Fiduciary Solutions, LLC
|
|
DWC ERISA Consultants LLC
|
|
Retirement Plan Administrator (Part-Time) Accelefund, Inc.
|
|
Participant Services & Operations Coordinator Pentegra
|
|
July Business Services
|
|
Defined Benefit Specialist II or III Nova 401(k) Associates
|
|
Retirement Plan Termination Specialist Compass
|
|
Merkley Retirement Consultants
|
|
The Pension Source
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
|
The Day the ERISA Presumption of Prudence Died
Baker & McKenzie via Lexology; registration required
Dec. 29, 2014
"[T]he public information defenses suggested by the Supreme Court have a limited range -- they only apply to [plans] holding the stock of publicly traded companies. For the thousands of ESOPs funded by stock of companies that are not publicly traded, those fiduciaries must continue to attend to the particulars of their own procedural prudence so as to avoid being the subject of future judicial guidance."
|
| 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). |