At Wyche, we strive to keep our clients and friends in the know about all the latest employment-related news. See below for articles and updates, including a list of topics covered in each, prepared by Wyche employment attorneys.
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The ABCs of Being a Fiduciary
A: Are you a fiduciary?
Generally, fiduciaries are persons who owe a duty of care and trust to another and must act primarily for the benefit of the other.
ERISA fiduciaries may be named in plan documents or may earn the position based on the functions they perform (e.g., the exercise of discretionary authority or control with respect to the management of the ...