Fiduciary duties are often complex and in many instances, the individuals that are responsible for these duties may not even know it. J.P. Morgan’s 2017 Defined Contribution Plan Sponsor Survey asked respondents (all of which are dedicated plan fiduciaries) “Are you, yourself a fiduciary to your...
The Department of Labor (DOL) enforcement of retirement plan fiduciaries continued to grow in 2018. We expect to see these increases continue throughout 2019 and beyond. A recent article by Cohen Buckmann P.C. recounts the following statistics: The Department of Labor recovered $1.6 billion in 2018...
Earlier this year, RCM&D released the Outlook 2019: Top 10 Risks for Educational Institutions. Topping that list was the continued ERISA and fiduciary liability litigation against higher education institutions. The impact of these cases led many insurance companies to change their underwriting...
One of the top risks identified by RCM&D in the 2019 Outlook for Education is the continued ERISA and fiduciary liability litigation against educational institutions. These cases brought by Jerry Schlichter since 2015 and 2016 are still having impacts on the fiduciary liability insurance market...
Fitness can apply to many aspects of your life, including your finances! To be financially fit, getting life insurance is an important step to take. Life insurance is all about self-worth and taking the time and money to protect you and your family for the future. Many do not have life insurance...