Published on Schultz Collins Lawson Chambers, Inc. (http://www.schultzcollins.com)

ERISA Fiduciary Responsibility and Liability


A summary of the rules defining ERISA [1] fiduciary [2] responsibility, including an overview of liabilities arising from fiduciary breaches. The authors are David F. Jones and Kathleen Ziga of law firm Dechert LLP, and Sumi C. Chong, Assistant Counsel, Corporate Human Resources, of Bristol-Myers Squibb.


The document is organized in “Q&A” form. Questions include:

Exhibit I — Meeting Your Fiduciary Responsibilities (U.S Department of Labor [4])

Exhibit II — ”Duties of Fiduciaries In Light Of Recent Mutual Fund [5] Investigations” (Statement of Ann L. Combs, Assistant Secretary, Employee Benefits Security Administration)

Exhibit III — Sample Benefits Administration Committee Charter

Download ERISA Fiduciary Responsibility and Liability [6]

Source URL:
http://www.schultzcollins.com/articles/fiduciary_responsibility

Links:
[1] http://www.schultzcollins.com/glossary#term286
[2] http://www.schultzcollins.com/glossary#term292
[3] http://www.schultzcollins.com/glossary#term292
[4] http://www.schultzcollins.com/glossary#term278
[5] http://www.schultzcollins.com/glossary#term213
[6] http://www.dechert.com/library/D.%20Jones,%20K.%20Ziga%20-%20ERISA%20Fiduciary%20Responsibility%20and%20Liability.pdf