A recent U.S. District Court ruling dealt a major setback to the U.S. Department of Labor’s (DOL) guidance regarding rollover recommendations as fiduciary investment advice under ERISA. In American Securities Association (ASA) v. U.S. Department of Labor, Case No. 8:22-cv-330 (M.D. Fla. Feb. 13, 2023) (the “ASA Case”), the court vacated a critical part of
Christopher T. Collins
Christopher T. Collins is Chair of the Executive Compensation & Employee Benefits group. He assists employers on all aspects of employee benefits, focusing on retirement and welfare plan design, qualification and compliance. He frequently advises employers regarding benefit issues in connection with mergers and acquisitions and U.S. Department of Labor and Internal Revenue Service correction programs.