"More lawsuits will survive motions to dismiss. They'll get past the gate. That means discovery. That means costs. That means plan sponsors and fiduciaries need to be sharper than ever.... [1] Audit all your service-provider contracts.... [2] Ask your advisor: 'When was the last competitive bid?' ... [3] Review your committee and fiduciary process.... [4] Update your disclosures and communications.... [5] Don't ignore the cost. Litigation is expensive.... [6] Consider monitoring litigation risk as part of your fiduciary oversight."  MORE >>