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This provision is designed to protect plan fiduciaries from participants’ poor investment choices, but the plan sponsor is still responsible for providing a range of investment options, among other requirements. ....
The amended complaint against the Hess Corp. alleges Hess plan fiduciaries provided target-date mutual funds instead of collective investment trusts in the investment lineup. ....
Hearing speakers trade barbs on whether DOL fiduciary rule hurts or helps insurancenewsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insurancenewsnet.com Daily Mail and Mail on Sunday newspapers.