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Monitoring the Activities of a Plan Fiduciary Committee: Recommendations to a Board of Directors
Verrill Dana LLP
Mar. 18, 2025 "Establishing a committee to which fiduciary duties are delegated is itself a fiduciary act, and the manner in which that act is carried out is subject to the fiduciary standards of ERISA. So, having interposed a layer of protection against fiduciary liability in the form of the fiduciary committee, how can the board fulfill its obligation to monitor the activities of the committee?" MORE >> |
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