/
RSS Feed
Executives who serve on retirement plan oversight committees rely on the protection the law offers for those who can show they manage investment decisions using a “prudent process.” Scores of fiduciary breach lawsuits filed over the last several years focus their allegations on the employers’ failures to follow such a process. A new trend is unfolding, though, and it will challenge enterprises that show weakness in their management methods to keep pace. Recent cases go beyond the issue of process and strike directly at the performance of specific investment options offered by the retirement plans.
A sea change is underway that expands the accountability of retirement plan fiduciaries.
This podcast addresses how process management and investment performance in qualified retirement plans intersect and offers tips on confronting the trend toward expanded fiduciary accountability.
About our host
Ronald E. Hagan is chairman of Roland|Criss’ Risk Standards Committee. Ron has over 25 years of experience helping clients examine and improve their risk management practices for employee benefit plans qualified under the Employee Retirement Income Security Act of 1974. He is the engaging host of Roland|Criss’ weekly podcast and quarterly webinar series.
