EP 552 When Brokers Become ERISA Targets - with Ron Peck

The next big lawsuit headline in employee benefits may not name the employer first. It may name the broker.

We sit down with Ron Peck, Chief Legal Officer at The FIA Group, to make sense of rising ERISA fiduciary liability pressure on self-funded health plans and the advisors who support them. The twist Ron keeps coming back to is that the legal “ingredients” have been around for years, from retirement plan cases to suits targeting TPAs and other service providers. What’s changing is the target list, plus the creativity of plaintiffs’ firms applying an established ERISA playbook...