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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Regional Vice President of Sales The Retirement Plan Company
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Compass
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Bates & Company, Inc.
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AimPoint Pension
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Legal Risk for Plan Sponsors Remains Following Challenges to Cross-Plan Offsetting
OneDigital July 28, 2021 "Once standing was established, the Lutz court found the practice of cross-plan offsetting violated ERISA's duty of loyalty and ban on representing both sides in a transaction. More challenges to cross-plan offsetting will follow in the wake of these cases, leading to decisions on when and how the practice violates ERISA fiduciary duties." |
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