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Supreme Court Reaffirms Obligation to Monitor 401(k) Plan Investment Options
Slevin & Hart, P.C.
Feb. 15, 2022 "It was understood, especially after the decision in Tibble, that defined contribution plan fiduciaries were subject to the ongoing obligation to monitor investments. The ruling does, however, put to rest the argument that offering lower-cost investment options effectively immunized fiduciaries from imprudently offering higher-cost options." [Hughes v. Northwestern Univ., No. 19-1401 (S. Ct. Jan. 24, 2022)] MORE >> |
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