Avoiding Personal Liability for 401(k) and Retirement Plan Investments-From Fees to Losses. Bloomberg Employee Benefits Law Reports. June 18, 2009.
By Eric Keller and Mark Poerio
Now is the time for ERISA risk management. Plan fiduciaries should engage in a deliberative process that demonstrates their attention to the money issues involving plan investments from their selection, costs, and performance, to the credentials, terms, conditions, and costs associated with the professionals who recommend them. With this in mind, presented below are five general questions that all plan fiduciaries should be asking . . . and getting answered.