Which of the Following Is a Fiduciary Duty Under ERISA

question 9

Multiple Choice

Which of the following is a fiduciary duty under ERISA?

• A)ensuring that plans operate in accordance with plan documents and ERISA
• B)diversifying pension fund assets to minimize the risk of large losses
• C)managing benefit plans and funds solely in the interest of plan beneficiaries
• D)all of the above
• E)none of the above

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Definitions:

Noise

In communication, it pertains to any external or internal interference that disrupts the clarity, accuracy, and efficiency of a message's transmission.

Reflection

The process of introspectively considering one's thoughts, feelings, and actions, and the outcomes they lead to, for the purpose of learning and self-improvement.

Reinforcing

Strengthening a behavior or response by providing a reward or positive outcome after the behavior occurs, often used in learning and behavior modification techniques.

Sending

The act of transmitting information, messages, or goods from one place or person to another.