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Supreme Court Provides Guidance for Plan Fiduciaries on Duty of Prudence with Respect to Plan Investments (PDF)
Roberts & Holland LLP 
Feb. 23, 2022 "[F]iduciaries should ensure that benchmarks and standards for evaluating investments and fees are formalized in their plan's investment policy statement and/or other applicable governance documents. Moreover, such regular review should be adequately documented in the plan's records in order to demonstrate that fiduciaries are prudently monitoring plan investments." [Hughes v. Northwestern Univ., No. 19-1401 (S. Ct. Jan. 24, 2022)] |
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