Featured Jobs
|
New York City District Council of Carpenters Benefit Funds
|
|
Retirement Planners and Administrators (RPA)
|
|
Fringe Benefit Group
|
|
TPA Retirement Plan Consultant EPIC RPS (TPA/DPS)
|
|
Defined Contributions Compliance Consultant Loren D. Stark Company (LDSCO)
|
|
Great Lakes Pension Associates, Inc.
|
|
Senior Specialist 401k Recordkeeping T Bank N.A.
|
|
Pollard & Associates
|
|
Retirement Solutions Specialists
|
|
Defined Contribution Account Manager Nova 401(k) Associates
|
|
Greenline Wealth Management
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
'But Our Vendor Handles Everything -- How Can We Still Have Fiduciary Liability?'
Foley & Lardner LLP 
Feb. 7, 2017 "If a vendor will not agree to assume fiduciary liability for its services to a plan, the employer will retain fiduciary liability for any errors or failures the vendor causes.... As a result, the employer will need to monitor the vendor's performance on an ongoing basis. Even if a service provider agrees to assume fiduciary liability for its provision of services, the employer is not being released from its fiduciary duty to monitor the provider." |
| 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). |
