| ERISA Litigation
Larger companies virtually never make a decision regarding
their qualified retirement plans without consulting professional
advisors. The reason is simple: they do not want to be
sued.
Imagine a corporate executive charged with the responsibility
for making decisions regarding an $500 Million Retirement
Plan. As a decision maker and fiduciary, they are personally
liable for the prudent management of this plan. The foremost
question on the mind of this executive will be:
"How can I best satisfy my legal responsibility
and obligations as a fiduciary of this Plan?"
The Answer:
Seek the advise of a competent investment consultant.
ERISA does not discriminate on the basis of plan asset
size. Therefore, small to mid-size Plan Sponsors need
fiduciary advice as well.
The main reason for hiring a qualified plan consultant
is simple. A plan sponsor is not an ERISA or Investment
expert. Plan Sponsors need advice to ensure that their
individual fiduciary obligations are met.
If you would like to discuss how our Fiduciary Services
could be of help to your particular situation, please
contact us at (858) 547-1810.
(click here for more information)
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