Based on arguments heard this week at the Supreme Court in Tibble v. Edison International, retirement plan fiduciaries can stay the course when it comes to monitoring the investment funds in their plans.
Jamie Fleckner, a partner in and chair of Goodwin Procters ERISA litigation practice in Boston, who attended the oral arguments at the Supreme Court, says there was little in yesterdays proceedings that suggested any different course of action for fiduciaries beyond what theyre already doing.
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