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Believing These Myths About Service Providers Can Increase ERISA Fiduciary Liability
Cohen & Buckmann, P.C.
Nov. 3, 2025 "[1] My recordkeeper is the plan administrator.... [2] Nobody is complaining about our service providers or investments, so everything is fine ... [3] Our investment adviser is solely responsible for investment decisions.... [4] We must sign or approve whatever our recordkeeper sends us.... [5] Our fiduciary responsibilities apply only to our 401(k) and pension plans.... [6] We can do everything ourselves." MORE >> |
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