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Supreme Court to Hear Intel 401(k) Case Challenging Fiduciary Standards
PLANSPONSOR; registration may be required
Jan. 19, 2026 "the court will consider the 'meaningful benchmark' requirement that lower courts have applied when evaluating claims that retirement plan investments were mismanaged. Under that standard, plaintiffs must identify comparable alternative investments to show that plan fiduciaries acted imprudently. The Intel plaintiffs argue that the benchmark test has been applied inconsistently across federal circuits and sets too high a bar for workers seeking relief." [Anderson v. Intel Corp. Inv. Policy Comm., No. 22-16268 (9th Cir. May 22, 2025; cert. pet. granted Jan 16, 2026, No. 25-498)] MORE >> |
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