Benefits Pro | How the Supreme Court Ruling on Northwestern’s 403(b) Plan Could Affect 401(k) Fiduciaries

Emily Costin comments on the ERISA implications of the U.S. Supreme Court decision in Hughes vs. Northwestern University, noting why plan fiduciaries may offer fewer investment choices as a result.

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.

Emily Costin comments on excessive fee lawsuits against retirement plan sponsors under the Employee Retirement Income Security Act in light of a pending decision by the U.S. Supreme Court in Hughes vs. Northwestern University.

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.