Recent litigation involving employee benefit plans has renewed the focus of regulators and plan sponsors on the fiduciary obligations imposed by ERISA. Our unparalleled expertise in this area enables Spencer Fane’s Employee Benefits Group to help clients avoid fiduciary liability. We have devised sophisticated plan governance structures to minimize our clients’ fiduciary risk. We help structure transactions in a way that avoids violation of ERISA’s prohibited transaction rules. In an effort to help clients prevent fiduciary-related claims, we provide fiduciary education and training, and conduct comprehensive reviews of their existing fiduciary processes and procedures. On many occasions the Group has successfully negotiated with Department of Labor officials to resolve fiduciary problems before formal action is taken against our clients.
© 2015 Spencer Fane LLP
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