Put safeguards in place to ensure 401(k) compliance

04/11/2012 | Compensation Cafe blog · CFO.com

A federal court has ruled that ABB Inc. must pay $35.2 million for breaching its fiduciary duties while administering employees' 401(k) plans. The case should be lesson to companies about the importance of protecting employees' best interests while acting as a fiduciary, Steve Gifford writes.

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Compensation Cafe blog · CFO.com

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