Ms Anne E Rea

Anne E Rea

Updates

Employment & Benefits

Service providers continue winning streak in 401(k) fee disputes
USA | 17 February 2016

Service providers to 401(k) plans won another victory recently when the Eighth Circuit upheld the dismissal of an Employee Retirement Income Security Act (ERISA) class action. The court found that the defendant was not a fiduciary under ERISA and ignored the Department of Labour's argument to the contrary. The opinion provides helpful guidance on the limits of fiduciary status under ERISA.