Brokerage Windows in 401(k) Plans: The Total Abdication of Fiduciary Responsibility

Benefits Law Journal 34 (4):4-44 (2021)
Download Edit this record How to cite View on PhilPapers
Abstract
This article addresses the fiduciary issues raised by the current practice of plan fiduciaries of not only disclaiming any fiduciary responsibility for brokerage window investments, but also abdicating any role (fiduciary or otherwise) in assessing even the general suitability of those investments for a retirement plan, and concludes that the practice is in plain and notorious violation of what ERISA requires of fiduciaries.
Categories
(categorize this paper)
PhilPapers/Archive ID
VANBWI
Upload history
Archival date: 2022-01-13
View other versions
Added to PP index
2022-01-13

Total views
22 ( #64,544 of 65,736 )

Recent downloads (6 months)
22 ( #34,360 of 65,736 )

How can I increase my downloads?

Downloads since first upload
This graph includes both downloads from PhilArchive and clicks on external links on PhilPapers.