Under ERISA a person is a fiduciary with respect to an employee pension plan to the extent that he or she exercises any discretionary authority or control regarding management of the plan or exercises any authority of control regarding management or disposition of its assets.

What is a fiduciary?

 

A: Under ERISA a person is a fiduciary with respect to an employee pension plan to the extent that he or she exercises any discretionary authority or control regarding management of the plan or exercises any authority of control regarding management or disposition of its assets.


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