What can & can be done under ERISA fiduciary?
There is no list of do’s and don’ts. It is like when you tell your children to be “good”. You mean for them to be perfectly behaved & responsible in all ways. Well, ERISA demands that you be “prudent” and they mean the same thing. ERISA looks at each transaction of the plan (each claim & each outside business arrangement such as with TPA, PPO, etc.).
