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Excessive Fee Exposure in Employee Benefit Plans

 

Fiduciaries of retirement plans of all sizes are being sued as the wave of excessive fee claims continues to grow. Could you be next? Learn more about this risk and how to protect against it. 

 

New in 2023! Trends in Excessive Litigation over Excessive Plan Fees

Chubb, as one of the world’s largest and most experienced Fiduciary Liability insurers, dedicates significant resources into defending claims made against plans, plans sponsors and fiduciaries, giving us unique access and insights into these exposures.  To learn more about the current state of the trending excessive fee claims, read our latest infographic, Excessive Litigation over Excessive Plan Fees.

Excessive Fee Loss Prevention

While Fiduciary Liability insurance is a key piece of any protection against liability for managing or administering employee benefit plans, any comprehensive risk management program should include loss prevention measures. Chubb is proud to facilitate our policyholders’ access to superior loss prevention services, including Excessive Fee Mitigation Services, at discounted rates.

Lawsuits Over Excess Retirement Plan Fees on the Rise

Chubb's Alison Martin discusses what advisors should know when considering their own plans and advising clients in this ThinkAdvisor piece. Her article covers the potential fiduciary liability under ERISA and how lawsuits are at an all-time high.

What's All The Fuss About University Retirement Plans And Their Fees?

If you handle fiduciary liability insurance and need a better understanding of the latest wave of fiduciary breach claims against private universities, this memo will help unravel the mystery.

Webcast: The War on Retirement Plan Fees

Listen in as coauthors Alison Martin and Lars Golumbic discuss the nature of excessive fee lawsuits and the potential risk factors for plan fiduciaries.

How Fiduciaries Can Help Protect Themselves from Excessive Fee Litigation

Chubb's Alison Martin discusses how fiduciaries can help protect themselves from excessive fee litigation.