Tag: ERISA fiduciary duties

Focus on Procedure Can Help Protect Against Fiduciary Errors

Neal J. Shikes, The Trusted Fiduciary, and Andrew L. Oringer, Dechert LLP, discuss how establishing and documenting prudent methodologies to make all major decisions—i.e., showing a focus on only the economic interests of the plan participants—can be a key to how one carries out fiduciary duties.