Intel Corp. workers are seeking to revive a suit claiming their retirement funds suffered from subpar investments that may clarify dismissal standards for 401(k)-related lawsuits. Executive Compensation & Employee Benefits Shareholder Susan Niver shared her perspective in the Law360 article "Intel Case May Clarify Dismissal Standard For 401(k) Suits."
Susan noted the need for fiduciaries of retirement plans to maintain a robust investment review process, select and document appropriate benchmarks, periodically review and update plans' investment policy statements, and maintain clear records of fiduciary decision-making.
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