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Fiduciary Responsibilities (or Lack Thereof) in Non-ERISA Plans

The degree of fiduciary responsibility for non-ERISA plans, such as those sponsored by public education and religious organizations, continue to generate many questions from plan sponsors and the advisors that serve them. In this week’s MarketBeat, Mike Webb argues that this is understandable, and attempts to assist plan sponsors and those who work with them in determining what fiduciary responsibility, if any, they have.