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With a sharp increase in excessive fee lawsuits this year and the U.S. Department of Labor’s interim final rule requiring lifetime income disclosure information, it’s never been more challenging to be a fiduciary. For some perspective, we turned to Wendy Von Wald, Fiduciary Liability Product Manager at Travelers to discuss the role of fiduciaries and how plan sponsors can safely navigate such a difficult environment.

BenefitsPRO: Why are we continuing to see a spike in excessive fee claims?

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C.J. Marwitz

C.J. Marwitz is a writer and editor.

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