Our Blog - Surety Matters

Since 2008, the United States has lost an overall amount of more than $1.6 trillion due to data breaches alone. Even these figures may be on the low end of the real number lost, however, as…
Read Moreabout The U.S. has Lost $1.6 Trillion Due to Data Breaches Since 2008

You may not think communications with plan administrative staff could cause a fiduciary breach, but you would be wrong. Plan administrative staff members are functionally plan fiduciaries when they communicate with plan participants and their…
Read Moreabout Fiduciary Liability of Administrative Staff

The ERISA Advisory Council has provided guidance to the U.S. Department of Labor (DOL) on ERISA fidelity bonds and what the requirements should be in order for a fidelity bond to be DOL compliant. The…
Read Moreabout ERISA Advisory Council Provides Guidance to DOL

Typically, when you think of a breach of fiduciary duty involving a retirement plan, you think of a plan sponsor acting in their own self-interest. They use their position with the plan for their own…
Read Moreabout What is a Retirement Plan Breach of Fiduciary Duty?

The biggest thing that plan fiduciaries can do to prevent claims of fiduciary breach is to implement and follow prudent fiduciary policies, procedures, and practices. This would theoretically cover issues involving costs, conflicts, and due…
Read Moreabout Plan Fiduciary Breach Complaints Rise as Markets Fall

More and more cases related to ERISA duties are winding their way through the courts and could have a large impact on plan sponsors and how they will be able to manage their employee benefit…
Read Moreabout ERISA Ambiguities Lead to Confusion Over Fiduciary Duties

Managing employee benefit plans seems to keep getting more and more complicated every year. Fiduciary duties remain opaque and retirement plans and benefits have morphed over time. One of the more confusing processes for the…
Read Moreabout Pension Professionals: Simplify the ERISA Bonding Process

It is hard for a fiduciary to determine what exactly would be a breach of their fiduciary duty to a retirement plan. That is where New York based law firm Cohen & Buckmann, P.C.’s 2019…
Read Moreabout NYC Law Firm Releases 2019 Fiduciary Guide

Some of Microsoft’s email services, which include Outlook, MSN, and Hotmail, were breached by hackers with users’ email addresses, folder names, email subject lines, and names of email addresses users communicated with between January and…
Read Moreabout Microsoft Emails Hacked in Breach