Pensions & Investments | Supreme Court Backs DC Participants, but Industry Members Left Wanting More Guidance

Emily Costin is quoted on the U.S. Supreme Court oral arguments in Hughes vs. Northwestern University and the implications for retirement plan fiduciaries.

Emily Costin and Ellie Studdard comment on how the U.S. Supreme Court Hughes v. Northwestern University decision might affect 401(k) fiduciaries.

Emily Costin comments on the U.S. Supreme Court’s ruling in the Employee Retirement Income Security Act (ERISA) lawsuit Hughes v. Northwestern University and how the opinion may inspire plan fiduciaries to offer fewer investment options.

Oral argument before the U.S. Supreme Court in Hughes v. Northwestern University will have broader implications for both 401(k) and 403(b) plans. It isn’t always easy to read the tea leaves, but our ERISA Litigation Group offers key takeaways from the day and what may come from the Court’s opinion. The Court’s decision will have broader implications for the future of class action litigation regarding fees and investments in all forms of defined contribution plansThe Justices questioned many different aspects of the case, and the decision is not likely to be unanimousVariety is ok, but [...]Read more

The post Supreme Court Offers Mixed Guidance on Future of Lawsuits Challenging Investments and Fees in 401(k) and 403(b) Plans appeared first on Alston & Bird Tax Blog.

Oral argument before the U.S. Supreme Court in Hughes v. Northwestern University will have broader implications for both 401(k) and 403(b) plans. It isn’t always easy to read the tea leaves, but our ERISA Litigation Group offers key takeaways from the day and what may come from the Court’s opinion.