Add Yahoo as a preferred source to see more of our stories on Google. Acting as a fiduciary is a huge responsibility. It means you promise to act on behalf and in the best interest of another person ...

Department of Labor officials ushered in what is sure to be a fierce, and lengthy, legal battle today with a preview of its long-awaited, and industry despised, Retirement Security Rule. The official ...

As you may be aware, Employee Retirement Income Security Act (ERISA) fidelity bonds and fiduciary liability insurance are not the same. Both serve to mitigate risk for fiduciaries, and are critical ...

In the weeks following a ground-breaking Supreme Court case allowing individual 401(k) participants to sue employers, lawyers have been recommending that advisers require plan sponsors to purchase ...

Offering provides expanded flexibility, control and protection for corporate directors and officers and fiduciaries WHITEHOUSE STATION, N.J., Dec. 22, 2020 /PRNewswire/ -- Chubb has enhanced its ...

In a Q&A with PLANADVISER, expert benefits attorney Erin Turley points to a critical emerging challenge for the retirement plan services industry and its clients: a significant tightening in the ...

There’s a debate around fee-only RIAs who offer insurance and annuities in addition to planning and asset management: Can advisors working on behalf of an insurance company still be considered a true ...

Erupting ERISA litigation is forcing defined contribution sponsors to endure higher fiduciary liability insurance premiums, with some renewals costing double or triple and most averaging double-digit ...

The extreme pace of new 401(k) lawsuits this year is showing the legally precarious spot most plan fiduciaries occupy, and that position is only becoming more difficult. It is rare for a plan to have ...

Fiduciary liability insurance is a specialized form of professional liability coverage designed to protect individuals and organizations that manage employee benefit plans. This includes anyone who ...

The warranty in the electronics business is gravy for the retailers who sell it. You’ll be surprised how many people pay $20 to get a warranty on a $100 Blu-Ray player. When Best Buy was going ...

Acting as a fiduciary is a huge responsibility. It means you promise to act on behalf and in the best interest of another person or multiple people. The more people who have placed their trust in you, ...