Who are functional fiduciaries? Appeals court holds service provider not a plan fiduciary
$225.00
Description
Abstract: The U.S. Court of Appeals for the Third Circuit recently provided a blueprint for when a retirement plan service provider is deemed a fiduciary and when it isn’t. The conclusion? There’s no substitute for fulfilling the full burden of fiduciary responsibility when managing a retirement plan. This article summarizes the case and its impact. Santomenno v. John Hancock (No. 13-3467)
Additional information
| Year | |
|---|---|
| Niche | |
| Newsletter | |
| Issue | |
| Word Count |