Easing fiduciary scrutiny

As pension reform legislation takes hold and the cost to administer and provide employee benefits increases, many employers are faced with uncertainty surrounding the future of their plans.

Organizations and their plan trustees now must be more proactive in areas such as plan governance, scrutiny of investment management fees and participation education. Whether you are a trustee of a sole-sponsored benefit plan evaluating the need to change your existing benefits or a state retirement trust assessing new policies for your investment professionals, the litigation environment is changing — be sure your organization changes with it.

With unparalleled experience in the area of fiduciary liability, Hylant's Executive Risk Practice can customize a policy to provide individual and corporate liability protection from alleged or actual:

Breach of fiduciary duty and violations of ERISA law

Errors or negligence in the administration of a benefit plan

Imprudent investment selection or selection of investment custodian/advisor

Improper advice

Lack of proper or inadequate disclosure

Fines and penalties associated with ERISA violations, Voluntary Compliance Resolution programs and HIPAA

For more information about Hylant's Executive Risk Practice, contact Jim Lash.

Jim.Lash@hylant.com
513 354-1611
888 985-2400

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