Benefits experts weigh in on pension oversight, fiduciary responsibilities

Bridgeford, Lydell C.
August 2007
Employee Benefit News;Aug2007, Vol. 21 Issue 10, p64
The article reports that Employee Benefits Security Administration (EBSA) is charged with fiduciaries for violating ERISA laws by making poor investment decisions, keeping faulty records and notifying workers about major plan decisions. EBSA attorney Frank Palmieri defends that the agency enforces ERISA provisions that fall under its jurisdiction. J. Roger Davis of SMART believes that EBSA can educate the small and midsize community about a plan fiduciary.


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