Retirement plan sponsors have a lot of headaches and liability because of their role as plan fiduciaries. They can sit back and do nothing, thereby increasing their potential liability. They can also be proactive and take care of the problems now that might be bigger problems later. So this article is about proactive steps that plan sponsors can take to avoid a greater harm down the line.
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Topics: Benefit Plan Sponsors, Employer Liability Issues, ERISA, Fiduciary Duty, Fiduciary Liability, Investment Adviser, Plan Administrators, Retirement Plan
Published In: Business Organization Updates, Finance & Banking Updates, Labor & Employment Updates, Tax Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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