Employer Fiduciary Liability

Did you know that you can be sued by your employees for the performance (or lack of) and fees in your retirement plan? The Dept of Labor sets clear standards for the structure of retirement plans, yet many employers are unaware of this fact and maintain plans that are OUT of compliance.

Employers are often also under the false assumption that the investment provider is liable for these things or acting as a "fiduciary" along with the employer. Sadly, in most cases the investment provider  is not assuming ANY fiduciary liability, and thus would leave you to fend for yourself (just ask your provider if they are acting as a fiduciary).

In a January 25th class, we'll look at the regulations for employers and how to protect yourself from employee litigation. Additionally, in this class Paulette Ruminski will talk about health insurance issues that may pose a legal threat to employers.

Join us here at Veritas at 7:30 AM for a complimentary breakfast or 11:30 AM for a complimentary lunch.  To register, call 920-893-5262 or email Jo Ann at jo.ann@veritasinvesting.com and we will reserve a space for you.

Jeremy Burri
Financial Advisor Coach

Investment Advisor Representative