The Supreme Court of the United States holds that ERISA plan fiduciaries have a continuing duty to monitor the prudence of plan investments in pension and 401(k)/defined contribution plans

A decision issued last week by the Supreme Court of the United States (SCOTUS) has significant implications for both ERISA plan fiduciaries and plan participants. In Tibble v. Edison, SCOTUS held that, in addition to the duty to exercise reasonable prudence in the...