Kaleda Comments on 403(b) Plan Litigation Cases

David Kaleda was quoted in the PLANADVISER article “The Right Course: What Can 403(b) Plan Sponsors Learn from Litigation?” by Javier Simon on September 18, 2017. The article discussed the rise of 403(b) plan litigation cases and steps plan sponsors can take to prevent a lawsuit. Kaleda commented that plan sponsors should be reviewing fiduciary governance structures and identify who is a fiduciary. “It’s important you make sure you have good processes and procedures in place to minimize fiduciary risk, especially when it comes to investment selection and what’s paid to service providers,” Kaleda told PLANADVISER.