Ask an Advisor: 'I'm Too Trusting and Gullible.' How do I Find a Financial Advisor Who Truly Acts as a Fiduciary? How can I reliably verify that a specific financial advisor is a true and full ...
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up to receive our free e-Newsbulletins Some states have laws and ethical rules regarding solicitation and ...
Whether, and the extent to which, a plan fiduciary can consider nonpecuniary environmental, social and governance (“ESG”) objectives in selecting plan investments has been a hot-button issue ...
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On Friday, a federal judge in Texas ruled that American Airlines breached its fiduciary duty, under the Employee Retirement Income Security Act (ERISA), by basing investment decisions for its $26 ...
The Department of Labor’s (DOL) Employee Benefits Security Administration (EBSA) on Jan. 14 released its final rule regarding changes to its Voluntary Fiduciary Correction Program (VFCP). The DOL’s ...
Following a bench trial, Judge O'Connor (N.D. Tex.) held that “that Defendants breached their fiduciary duty by failing to loyally act solely in the retirement plan's best financial interests by ...
ERISA litigation often equates the fiduciary duties of prudence and loyalty — but a federal judge has drawn a distinction in a controversial case involving ESG. Participant-plaintiff (and pilot) Bryan ...
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