Our Blog - Surety Matters

Our blog covering the latest in bonds and insurance
Displaying 119 results for: Fiduciaries
ERISA 07.09.2020

How to Effectively Handle DB Plans Through Covid-19

Defined Benefit, or DB plan sponsors were immensely impacted when the market was pummeled by the COVID-19 crisis. It is predicted that the volatility of the marketplace will maintain for a while. As such, plan…
Read Moreabout How to Effectively Handle DB Plans Through Covid-19

How to Effectively Handle DB Plans Through Covid-19
Cyber 06.30.2020

Plan Sponsors Specifically Threatened by Cyber Attacks

Retirement plans and, specifically, their plan sponsors are being threatened more and more by cyber attacks. Recordkeepers, custodians, and third party administrators are being attacked due to all the valuable personal data they harbor and…
Read Moreabout Plan Sponsors Specifically Threatened by Cyber Attacks

Plan Sponsors Specifically Threatened by Cyber Attacks
ERISA 06.24.2020

DOL Proposal Fortifies Fiduciary Role in ESG Investing

According to a new proposed rule from the Labor Department, ERISA plan fiduciaries are not allowed to invest in ESG vehicles that take on more risk and sacrifice investment returns. The rule, published Tuesday night,…
Read Moreabout DOL Proposal Fortifies Fiduciary Role in ESG Investing

DOL Proposal Fortifies Fiduciary Role in ESG Investing
ERISA 06.24.2020

Fidelity Investments Reaches Settlement in ERISA Lawsuit

Fidelity Investments just reached a settlement with former plan participants in the firm’s 401(k) plan, who accused plan fiduciaries of violating ERISA laws. Filed on June 18 in U.S. District Court in Boston, the plaintiffs…
Read Moreabout Fidelity Investments Reaches Settlement in ERISA Lawsuit

Fidelity Investments Reaches Settlement in ERISA Lawsuit
ERISA 06.17.2020

Excessive Fee Lawsuit Targets RK Fees

In the U.S. District Court for the Southern District of Ohio, a lawsuit was filed by plaintiff-participants Gregory Stark, William Gaff and Michael Lewin as representatives on behalf of participants in the $2.9 billion Keycorp…
Read Moreabout Excessive Fee Lawsuit Targets RK Fees

Excessive Fee Lawsuit Targets RK Fees
ERISA 06.09.2020

Colorado’s Savings Plan Offers Employer Mandate

Colorado is expected to join states across the country in having a state-sponsored retirement savings plan for private sector employees, including a mandate for employers with greater than five workers that do not provide a…
Read Moreabout Colorado’s Savings Plan Offers Employer Mandate

Colorado’s Savings Plan Offers Employer Mandate
ERISA 06.09.2020

Ohio Bill Legislation Creates Defined Benefit Plans

The Ohio House of Representatives crafted a defined benefit plan for workers of private sector employers. It is the first state proposal using a DB plan instead of a defined contribution plan. Introduced on May…
Read Moreabout Ohio Bill Legislation Creates Defined Benefit Plans

Ohio Bill Legislation Creates Defined Benefit Plans
ERISA 06.05.2020

DOL Approves Private Equity in TDFs

The Department of Labor has given the green light to private equity investments in professionally handled funds within 401(k)s. In a detailed Information Letter, the head of Division of Fiduciary Interpretations at the Employee Benefit…
Read Moreabout DOL Approves Private Equity in TDFs

DOL Approves Private Equity in TDFs
ERISA 05.22.2020

Three Helpful Considerations for Plan Fiduciaries During COVID-19

ERISA fiduciaries are steadily fine-tuning their decision-making processes in the face of the coronavirus epidemic. Any fiduciary decisions executed during this tumorous period may be particularly ripe for dispute by plan participants or regulators. To…
Read Moreabout Three Helpful Considerations for Plan Fiduciaries During COVID-19

Three Helpful Considerations for Plan Fiduciaries During COVID-19