{"id":51109,"date":"2024-06-28T09:54:30","date_gmt":"2024-06-28T14:54:30","guid":{"rendered":"https:\/\/plusweb.org\/?p=51109"},"modified":"2024-06-28T09:54:30","modified_gmt":"2024-06-28T14:54:30","slug":"erisa-fiduciary-law-series-part-4","status":"publish","type":"post","link":"https:\/\/plusweb.org\/news\/erisa-fiduciary-law-series-part-4\/","title":{"rendered":"ERISA Fiduciary Law Series: Part 4"},"content":{"rendered":"<p><strong>ERISA Excessive Fees<\/strong><\/p>\n<p>This video series on ERISA Fiduciary Law highlights current ERISA issues in the Courts, Congress, or at the DOL. The Courts have been flooded with complex ERISA cases and resolutions to some involved large settlements.\u00a0 Congress continues to pass legislation affecting employee benefit plans requiring plan sponsors to act.\u00a0 And the DOL has certain enforcement and regulatory initiatives in the pipeline.\u00a0 Jose M. Jara, counsel at Fox Rothschild, LLP, will guide you on ERISA topics by discussing in depth with special guests from the insurance industry to provide their insights for mitigating risks.<\/p>\n<p>In this video, \u201cPart IV: ERISA Excessive Fees,\u201d Jose\u2019s industry guest is Nicholas Landis, Head of Fiduciary Product at AIG.\u00a0 \u00a0They will discuss how the case law regarding excessive fees in defined contribution plans have developed leading up to the Hughes v. Northwestern Supreme Court decision, and the Circuit Court opinions construing the Hughes opinion.\u00a0 Lastly, they will discuss risk mitigation tips as well as what should be on insurance carriers\u2019 watch list.<\/p>\n<p>You can watch the video below, and keep an eye out in the coming weeks for more installments of this series.<\/p>\n<p>View the previous installments here: <a class=\"button\" href=\"https:\/\/plusweb.org\/news\/erisa-fiduciary-law-series-part-1\/\" target=\"_blank\" rel=\"noopener\">Part 1<\/a> <a class=\"button\" href=\"https:\/\/plusweb.org\/news\/erisa-fiduciary-law-series-part-2\/\" target=\"_blank\" rel=\"noopener\">Part 2<\/a> <a class=\"button\" href=\"https:\/\/plusweb.org\/news\/erisa-fiduciary-law-series-part-3\/\" target=\"_blank\" rel=\"noopener\">Part 3<\/a><\/p>\n<p><iframe loading=\"lazy\" title=\"ERISA Fiduciary Law Part 4 V2\" src=\"https:\/\/player.vimeo.com\/video\/952662308?h=8afe291814&amp;dnt=1&amp;app_id=122963\" width=\"500\" height=\"313\" frameborder=\"0\" allow=\"autoplay; fullscreen; picture-in-picture; clipboard-write\"><\/iframe><\/p>\n<p><strong>Meet the Speakers<\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-22090 alignleft\" src=\"https:\/\/plusweb.org\/wp-content\/uploads\/2023\/12\/Jara-Jose-Headshot-Dec23-2-600x400.jpg\" alt=\"Headshot of Jose Jara.\" width=\"251\" height=\"167\" srcset=\"https:\/\/plusweb.org\/wp-content\/uploads\/2023\/12\/Jara-Jose-Headshot-Dec23-2-600x400.jpg 600w, https:\/\/plusweb.org\/wp-content\/uploads\/2023\/12\/Jara-Jose-Headshot-Dec23-2-1200x800.jpg 1200w, https:\/\/plusweb.org\/wp-content\/uploads\/2023\/12\/Jara-Jose-Headshot-Dec23-2-768x512.jpg 768w, https:\/\/plusweb.org\/wp-content\/uploads\/2023\/12\/Jara-Jose-Headshot-Dec23-2-1536x1024.jpg 1536w, https:\/\/plusweb.org\/wp-content\/uploads\/2023\/12\/Jara-Jose-Headshot-Dec23-2-2048x1365.jpg 2048w\" sizes=\"auto, (max-width: 251px) 100vw, 251px\" \/><\/p>\n<p><strong>Jose Jara, Esq.<\/strong><\/p>\n<p>Jos\u00e9 M. Jara is Counsel in the Employee Benefits Department of Fox Rothschild, LLP, and focuses his practice on ERISA litigation and counseling.\u00a0 He has defended fiduciaries and boards of directors against ERISA class action litigation alleging breach of fiduciary duty, including imprudent investments, excessive fees, and valuation issues in Employee Stock Ownership Plans. Mr. Jara\u2019s practice also includes representing clients under investigation by the U.S. Department of Labor (\u201cDOL\u201d) regarding civil and\/or criminal violations of ERISA.\u00a0He was formerly a complex claims director for a major international insurance company and a senior pension law specialist with the DOL\u2019s Employee Benefits Security Administration. He is currently the Group Chair of the Employee Plans and Executive Compensation Group of the American Bar Association and a graduate of the Georgetown University Law Center.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-51112 alignleft\" src=\"https:\/\/plusweb.org\/wp-content\/uploads\/2024\/06\/NLpicture.jpg\" alt=\"Headshot of Nick Landis.\" width=\"251\" height=\"373\" \/><strong>Nick Landis<\/strong><\/p>\n<p>Nick Landis is the Head of Fiduciary Product across all business segments for AIG Financial Lines. As the fiduciary liability insurance practice leader, Nick is responsible for the product\u2019s strategy and portfolio management at the company, including coverages for publicly traded and privately held companies, not-for-profits, organized labor, and municipality plans. He was previously a Vice President for AIG\u2019s Private and Not-For-Profit Financial Lines product team with responsibilities overseeing the portfolio management for the U.S. That portfolio included D&amp;O, Employment Practices Liability, Fiduciary Liability, Fidelity, Kidnap Ransom and Extortion, and Employed Lawyers coverage. Nick has been with AIG\u2019s financial lines team for over 20 years. He holds a B.A. degree in Finance from Villanova University and an M.B.A from Saint Joseph\u2019s University.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ERISA Excessive Fees This video series on ERISA Fiduciary Law highlights current&hellip;<\/p>\n","protected":false},"author":14,"featured_media":51114,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[97,1388,1374],"tags":[578,1375],"business-line":[47],"post-type":[49],"topic":[29],"class_list":{"0":"post-51109","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-plus","8":"category-fiduciary-liability","9":"category-professional-liability-insurance","10":"tag-fiduciary-liability","11":"tag-professional-liability-insurance","12":"business-line-other-business-lines","13":"post-type-plus-blog","14":"topic-professional-liability-pl-insurance","18":"post_tag-fiduciary-liability","19":"post_tag-professional-liability-insurance"},"acf":[],"_links":{"self":[{"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/posts\/51109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/comments?post=51109"}],"version-history":[{"count":3,"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/posts\/51109\/revisions"}],"predecessor-version":[{"id":51116,"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/posts\/51109\/revisions\/51116"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/media\/51114"}],"wp:attachment":[{"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/media?parent=51109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/categories?post=51109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/tags?post=51109"},{"taxonomy":"business-line","embeddable":true,"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/business-line?post=51109"},{"taxonomy":"post-type","embeddable":true,"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/post-type?post=51109"},{"taxonomy":"topic","embeddable":true,"href":"https:\/\/plusweb.org\/wp-json\/wp\/v2\/topic?post=51109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}