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Regional Vice President, Sales MAP Retirement USA LLC
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Pentegra
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Relationship Manager for Defined Benefit/Cash Balance Plans Daybright Financial
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Managing Director - Operations, Benefits Daybright Financial
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BPAS
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Anchor 3(16) Fiduciary Solutions
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Cash Balance/ Defined Benefit Plan Administrator Steidle Pension Solutions, LLC
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MAP Retirement
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Coronavirus Fiduciary Investment Claims: A Look at Retirement Plans
Euclid Specialty Managers
Apr. 30, 2020 "With actual investment losses from the recent market decline, it is likely that plaintiffs will continue to bring excessive fee cases, but this time they will have the investment losses to create a more appealing storyline. While it is not clear that all index funds will outperform actively managed plans during the downturn, plans offering actively managed mutual funds are still at risk if they underperform index benchmarks, and will provide fodder for additional excessive fee and breach of fiduciary duty claims against defined contributions plans." |
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