Legal Considerations When Engaging an Investment Professional for a Participant-Directed Defined Contribution Plan
By Jonathan M. Cerrito & Michael R. Daum This is the third in a series of articles about legal considerations under ERISA for pension plan fiduciaries in selecting and monitoring investment professionals to assist with the investment of plan assets. Much has been made about the shift in the retirement landscape away from defined benefit […]
Considerations for Defined Benefit Plan Fiduciaries Who Hire Nondiscretionary Investment Consultants
This is the second in a series of articles about legal considerations under ERISA for pension plan fiduciaries in selecting and monitoring investment professionals to assist with the investment of plan assets. Although there are a multitude of general differences between a defined benefit pension plan and a defined contribution pension plan where participants don’t […]
Legal Considerations When Engaging an Investment Professional for an ERISA Pension Plan
This is the first in a series of articles about legal considerations under ERISA for pension plan fiduciaries in selecting and monitoring investment professionals to assist with the investment of plan assets. The prudent investment of plan assets is one of the most basic duties facing pension plan fiduciaries under the Employee Retirement Income Security […]
October 14, 2011 BNA Insights features article| Employment Law
In the article, entitled "How Gross Takes the Teeth Out of a Proposal For an Employment-Status Discrimination Cause of Action," Michael R. Daum discusses pending congressional legislation to prohibit employers from discriminating against applicants on the basis of their employment status and warns that such a law would be rendered ineffective by the U.S. Supreme Court’s 2009 decision in Gross v. FBL Financial Services.
Defending Trustees Against Failure to Diversify Claims | Employee Benefits
Jonathan M. Cerrito, a Partner in the Employee Benefits Department, and Michael R. Daum, a 2010 Summer Associate, recently published an article addressing diversification in the context of fund of funds investment vehicles in Benefits & Compensation Digest Volume 47 Number 12, pages 24-28, December, 2010...