26 May 2015

• “ERISA Fiduciaries have Ongoing Duty to Monitor Trust Investments, U.S. Supreme Court Rules”


”Plan fiduciaries have a continuing duty to monitor investments offered under a 401(k) plan, the U.S. Supreme Court has ruled in a unanimous decision. Tibble v. Edison International, No. 13-550 (May 18, 2015).”

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NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

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