On June 3, 2020, the U.S. Department of Labor issued an information letter concluding that a plan fiduciary would not violate ERISA’s fiduciary duties solely because the fiduciary offers a professionally managed asset...more
6/5/2020
/ 401k ,
Asset Management ,
Benefit Plan Sponsors ,
Defined Contribution Plans ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Fiduciary Duty ,
Private Equity ,
Private Equity Funds ,
Retirement Plan
As the COVID-19 pandemic continues to unfold, many employers are faced with questions about the impact of economic changes and workforce reductions on their compensation and benefits arrangements. This alert is intended to...more
4/10/2020
/ 401k ,
Benefit Plan Sponsors ,
CARES Act ,
Compensation & Benefits ,
Coronavirus/COVID-19 ,
Corporate Counsel ,
Defined Contribution Plans ,
Employee Benefits ,
Employer Contributions ,
ESOP ,
Furloughs ,
Investment Adviser ,
Investment Management ,
Layoffs ,
Pensions ,
Relief Measures ,
Retirement Plan