Top Governance Pitfalls Plan Sponsors Must Avoid in 2026 Amid Record ERISA Lawsuits
Of Counsel Michelle Capezza was quoted in a Fiduciary News article about how plan sponsors must re-assess their governance process amidst rising ERISA lawsuits.
In the article, Michelle discusses the structures sponsors should adopt to avoid governance failures: “For example, plan sponsors that have established fiduciary best practices typically appoint and delegate fiduciary responsibility to members of benefit plan committees who will be charged with overseeing retirement and health/welfare plans, prudently selecting and monitoring plan service providers, investment advisors and plan investments, and making further delegations of fiduciary responsibilities as appropriate,” she said.
Source