Retirement Plan Fiduciaries Should Prepare For Expanded Responsibilities, Speakers Say

BNA: Pension & Benefits Daily
Date   Oct 16, 2009
In this article, Jeffrey Ashendorf, a partner in Ford & Harrison's New York office, recommends a Labor Department handbook, "Meeting Your Fiduciary Responsibilities," as a useful guide for plan sponsor fiduciaries at an Oct. 15 audioconference sponsored by BNA. The handbook explains a plan fiduciary's duty to pay only reasonable expenses, monitor fees and expenses for reasonableness, monitor service providers, and provide investment advice and education.