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How Plan Sponsors Can Make a Plan Less Susceptible to Litigation in the Wake of Cunningham v. Cornell
Carlton Fields 
May 12, 2025 "Consider adding an arbitration clause to the plan document.... Create prudent processes and procedures for selecting, monitoring, and removing plan service providers.... Have a well-developed investment policy statement that has clear guidance on how and when to remove underperforming funds. Have regular meetings of plan trustees and other plan fiduciaries.... Engage the plan's counsel or service providers for fiduciary training at least annually and ensure any new plan trustees get training up front." MORE >> |
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