ERISA FIDUCIARY DUTIES AND PLAN INVESTMENTS

Employers, trustees, investment managers, and other plan service providers, as well as hedge funds and private equity funds, regularly seek our advice on ERISA’s fiduciary duty and prohibited transaction rules.  We counsel clients on the fiduciary duty and prohibited transaction aspects of plan operations, including the investment of plan assets, the engagement of plan service providers, and the proper handling of claims disputes.  We also work with banks, investment advisors, and other plan service providers in designing investment products and services for employee benefit plans and IRAs.  We advise hedge funds and private equity funds on ERISA’s fiduciary duty and prohibited transaction rules and the availability of exceptions to ERISA’s requirements.