News & Analysis as of

Retirement Plan Southern California Edison

Tucker Arensberg, P.C.

United State Supreme Court Confirms ERISA Fiduciary’s Continuing Duty To Monitor Investments

Tucker Arensberg, P.C. on

In its Tibble v. Edison International decision the United State Supreme Court confirmed that the scope of an ERISA fiduciary’s duty of prudence continues after initial investments are made and imposes an ongoing duty to...more

Poyner Spruill LLP

Yes Virginia, There is a Duty to Monitor Retirement Plan Investments

Poyner Spruill LLP on

In a recent unanimous ruling the U.S. Supreme Court confirmed what most retirement plan professionals already knew: ERISA requires plan investment fiduciaries to monitor investments and remove imprudent ones. Surprisingly to...more

Morgan Lewis

Tibble v. Edison International Decision Finds Ongoing Duty to Monitor Investments in 401(k) Plans

Morgan Lewis on

The Supreme Court holds that ERISA’s limitations period does not bar an alleged breach for failure to monitor a plan’s investments. Background - On May 18, the Supreme Court issued a unanimous decision in Tibble v....more

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