Darran St. Ange

Darran St. Ange

Jackson Lewis P.C.

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Eighth Circuit Holds Principal Did Not Breach Its Fiduciary Duty to 401(k) Plan Participants Despite Conflict of Interest

The U.S. Court of Appeals for the Eighth Circuit recently affirmed a District Court’s finding that Principal Life Insurance Company (“Principal”) did not breach its fiduciary duties regarding its stable value contract for...more

10/4/2022  /  401k , Breach of Duty , Duty of Loyalty , Fiduciary Duty , Fixed Income Investments , Interest Rates , Investment , Life Insurance , Prohibited Transactions , Retirement Plan
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