Flipped Out over Fiduciary Liability Insurance?

In 2020, more than 200 class action lawsuits were filed under the Employee Retirement Income Security Act (ERISA). It was the high water mark for actions targeting the alleged mismanagement of 401(k) and 403(b) defined contribution retirement plans. A total of 125 such actions were filed in 2021, and subject experts expect another 75 to…

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ESG Investment Rules for ERISA Plans

While the Department of Labor rules keep changing, plan sponsors and fiduciaries should be familiar with this investment approach and what these rule changes could mean for retirement plans. As investor interest in sustainable investments has been increasing over the last decade, the trend has attracted heightened interest and action from regulatory and legislative bodies…

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