Compass
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Bates & Company, Inc.
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AimPoint Pension
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Regional Vice President of Sales The Retirement Plan Company
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Loan & Distribution Specialist AimPoint Pension
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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The Latest in Stable Value Fund Litigation
Trucker Huss Mar. 4, 2020 "The plaintiffs in these cases typically allege that the insurance companies ... effectively decide the amount of compensation that the insurance company receives. If that allegation were found to be true, plaintiffs argue, it would be tantamount to the insurance company exercising authority or control respecting management or disposition of the plan's assets -- which would render the insurer a fiduciary of the plan. And if a fiduciary deals with a plan's assets in its own interest or for its own account, it breaches its fiduciary duties and engages in a transaction prohibited by ERISA. The results in some of these recent cases appear ... to be at odds with one another." |
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