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Retirement Plan Fiduciaries Should Prepare For Expanded Responsibilities, Speakers Say
BNA: Pension & Benefits Daily
October 16, 2009
Jeffrey S. Ashendorf
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.
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