fiduciary breach

  • Fiduciary Loan Regulation

    • September 26, 2019
    • Posted by: Jeff Atwell
    • Category: Financial Plan, Resources
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    loan

    Plan leakage can be the result of participants terminating with outstanding loan balances. This leads to an important question for plan fiduciaries.  If a participant is going to be terminated involuntarily due to a reduction in workforce or poor job performance, and the participant applies for a loan, should the loan be granted?  Based on the content of the article we’ve attached, the fiduciaries of the plan could create a fiduciary breach by granting the loan to the participant. 

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  • Discovering Fiduciary Problems: Questions to Ask

    • March 27, 2019
    • Posted by: Jeff Atwell
    • Category: Resources
    No Comments

    Recent years have seen a significant change in the way that qualified plans are managed. The resource you can download below offers Questions to Discover Fiduciary Problems, which can assist plan sponsors in evaluating potential improvements in the governance of their qualified plan.

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