DOL Finalizes New Fiduciary Guidance: What Should Directors Do Now?

Overview


Joseph Adams wrote this bylined article about the implications that new Department of Labor rules for ERISA benefit plan fiduciaries have for board members who serve in that role. “The new DOL rules will not significantly change the type or scope of directors’ ERISA fiduciary duties,” Mr. Adams wrote, but he added that “directors would be well served to ask their administrative committee representative what steps have been or will be taken to comply with the new DOL guidance.”

Read the full article (p. 10).