Josh Waldbeser

Partner

Joshua J. Waldbeser is a partner at Drinker Biddle. He counsels plan sponsors and committees on their fiduciary responsibilities under ERISA, as well as design and operational considerations for 401(k) plans, ESOPs and other defined contribution plans.

Fiduciary standard

Benefits Think Why an adviser’s status still matters in a post-fiduciary rule world

Brokers are in a legal quandary: Many of them will still be fiduciaries under the 1975 Rule, but the third-party compensation they received will no longer be permitted.

By Brad Campbell

June 21

Benefit compliance

Benefits Think How to determine ‘reasonable’ compensation for a broker

Advisers who rely on the Best Interest Contract Exemption need to comply with the three Impartial Conduct Standards, otherwise they fall under non-exempt prohibited transactions.

By Josh Waldbeser

February 8