Northern District of California Rules That A Plan Fiduciary Owes A Fiduciary Duty Even When Performing Ministerial Tasks

The U.S. District Court for the Northern District of California recently ruled that a plan fiduciary owes a fiduciary duty – and consequently may be held liable for a breach of that duty under ERISA Section 404(a)(1), 29 U.S.C. § 1104(a)(1) – even when performing ministerial tasks such as providing a projected retirement benefit with an online pension calculator.  

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