Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Director of 3(16) Operations

Compass
(Remote / NH / Hybrid)

Compass logo

Retirement Plan Administrator

Bates & Company, Inc.
(Remote / Winter Park FL)

Bates & Company, Inc. logo

Business Development Director

AimPoint Pension
(Remote / Pompano Beach FL / AL / GA)

AimPoint Pension logo

Regional Vice President of Sales

The Retirement Plan Company
(Remote / AL / FL / GA / MS)

The Retirement Plan Company logo

Loan & Distribution Specialist

AimPoint Pension
(Remote)

AimPoint Pension logo

Defined Benefit Combo Cash Balance Compliance Consultant

Loren D. Stark Company (LDSCO)
(Remote)

Loren D.  Stark Company (LDSCO) logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

The Latest in Stable Value Fund Litigation
Trucker Huss Link to more items from this source
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."

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).
© 2024 BenefitsLink.com, Inc.