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Retirement Plan › Fiduciary Duty › State and Local Government

Faegre Drinker Biddle & Reath LLP

Florida Court Decision’s Impact on Rollover Advice

Faegre Drinker Biddle & Reath LLP on

The Department of Labor (the DOL) expanded its interpretation of fiduciary advice in its guidance issued in connection with Prohibited Transaction Exemption (PTE) 2020-02. As a result, many more broker-dealers and registered...more

Robinson & Cole LLP

Connecticut Focuses on Fiduciary Standards for Municipal Plans

Robinson & Cole LLP on

Connecticut has been focused on the fiduciary standards of financial planners and retirement plan administrators in the wake of the now-defunct Department of Labor "fiduciary rule." With the goals of creating both...more

Nossaman LLP

California Supreme Court Upholds Public Retirement Boards' Fiduciary Role When Adjudicating Disability Retirement Applications

Nossaman LLP on

In a victory for the San Bernardino County Employees’ Retirement Association (“SBCERA”) and the nineteen other county retirement systems administered under the County Employees Retirement Law of 1937 (Gov. Code, § 31450 et...more

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