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Fiduciary Liability/Pension Trust Liability
In accordance with the Employee Retirement &
Income Security Act of 1974 (ERISA), companies maintaining
Employee Benefit or Pension Plans are subject to regulatory guidelines
under this law.
Suits may be brought against the fiduciaries or pension for such things
as alleged breach of duties or other errors that occur while
administering the plan.
This coverage will protect the individuals
administering the plan and the sponsor organization as well as the
pension plan.
Bollinger will help you develop a Risk
Management approach to identifying and minimize exposure to ERISA
litigation such as reviewing record handling procedures and terminating
employees from the plan.
For more information on how we may be of service to
you, please call us toll free @1-800-962-5524
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