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Displaying 92 results for: Fiduciary Breach
ERISA 08.12.2019

Plan Fiduciaries Must Make “Prudent” Investments to Avoid Liability

Employee benefit plan fiduciaries have an obligation to make prudent investments to avoid a breach of fiduciary duty. Fiduciaries are personally liable for those damages the imprudent investments caused to plan participants. This is one of the…
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Plan Fiduciaries Must Make “Prudent” Investments to Avoid Liability
ERISA 08.12.2019

Plan Fiduciaries Must Evaluate Plan Fees

Plan fiduciaries have a lot of obstacles to avoid during plan administration to avoid fiduciary breaches, but the most common breach of fiduciary duty is for a plan that has unreasonable fees and expenses. This…
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Plan Fiduciaries Must Evaluate Plan Fees
ERISA 07.20.2019

The Pension Professional Dashboard by Colonial Surety

Did you know that there is a way for a third party administrator to manage all of their clients’ ERISA fidelity bonding needs, view renewal history, limit adjustments and much more? And that it is…
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The Pension Professional Dashboard by Colonial Surety
ERISA 07.19.2019

What do the DOL and IRS Look for When Investigating Your Plan?

Investigation and audit from the U.S. Department of Labor and the IRS, respectively, are possibilities that all TPAs need to be prepared for and ready to handle. These investigations can lead to plan liability or…
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What do the DOL and IRS Look for When Investigating Your Plan?
ERISA 07.19.2019

Why Should you get the Bond Compliance Program?

Do you as a third-party administrator wish there was an easy way for you to be able to verify your client’s ERISA fidelity bond coverage when filing the Form 5500? Enter Colonial Surety’s Bond Compliance…
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Why Should you get the Bond Compliance Program?
ERISA 07.19.2019

Efficient Technology Can Level the Pension Professional Playing Field

How can you as a third party administrator or pension professional compete with the company that is able to take on thousands and thousands more plans than you? With innovative technology, you can match the…
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Efficient Technology Can Level the Pension Professional Playing Field
ERISA 07.19.2019

How Can TPAs Best Ensure That No ERISA Bond Mistakes Have Been Made?

As a pension professional, you probably manage hundreds or thousands of employee benefit plans. You have to make sure that all plans have the required ERISA fidelity bond, should they need it, and are bonded…
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How Can TPAs Best Ensure That No ERISA Bond Mistakes Have Been Made?
ERISA 07.16.2019

An ERISA Plan Administrator’s Fiduciary Responsibilities

A person is a fiduciary under ERISA if they exercise discretionary control or authority over plan management or disposition of plan assets, provide investment advice for plan assets for a fee, or have discretionary authority…
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An ERISA Plan Administrator’s Fiduciary Responsibilities
ERISA 07.12.2019

Failed Pension Investments Can Lead to Fiduciary Liability

Pension plan fiduciaries such as plan sponsors have to worry about a lot of different scenarios that could result in a fiduciary duty breach and liability. One of the most dangerous scenarios that fiduciaries have…
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Failed Pension Investments Can Lead to Fiduciary Liability