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How Employers Can Avoid 401(k) Lawsuits

posted 28 Oct 2010, 14:21 by Sam Mbale   [ updated 28 Oct 2010, 14:22 ]

Lockton and Chubb Sponsor Seminar for Senior Executives, HR Professionals

LOS ANGELESOct. 28 /PRNewswire/ -- Lockton Investment Advisors, LLC and Chubb Group of Insurance Companies are sponsoring a seminar about 401(k) risk management strategies from 7:30 a.m. to 10:00 a.m. on November 18 at the Jonathan Club in downtown Los Angeles.  Designed exclusively for retirement plan fiduciaries which are often times CEOs, CFOs, and/or HR professionals.  The seminar features a panel of financial, insurance, and legal experts who will demonstrate ways companies can protect against 401(k) related lawsuits through real case studies with practical applications.

"With companies being hit by a barrage of class action lawsuits from retirement plan participants, it's important for retirement plan sponsors to take proactive steps to protect themselves against litigation," says ERISA Risk Management Consultant Rick Unser of Lockton Retirement Services.  Unser cites the class action lawsuits against General Dynamics and California utility Edison International as two recent examples of litigation brought by retirement plan participants over various 401(k) fee and management issues.  

The panel of experts which includes Jessica Skinner, Compliance Attorney, Lockton Companies; John Fisher, Fiduciary Liability Claims Specialist, Chubb Specialty Insurance; and Sherrie Boutwell, ERISA Attorney, Boutwell & Fay LLP, will address:

  • Top liability exposures in retirement plans
  • Combining insurance coverage and fiduciary governance strategies to reduce risk
  • Coverage expectations for Fiduciary and Directors & Officers insurance policies
  • Best practices in fiduciary risk management strategies
  • Current and future trends in the qualified retirement plan marketplace

"The information will be invaluable to anyone involved in the fiduciary oversight of their company's retirement plans," adds Unser.

The $85 registration fee is waived for those who complete a simple online survey.  For more information and to register, visit or contact Rick Unser at (213) 689-2392.

About Lockton Insurance Brokers, LLC

Investment advisory services offered through Lockton Investment Advisors, LLC, a SEC registered investment advisor. 

Lockton Insurance Brokers, LLC is the Southern California subsidiary of Lockton Companies, the largest independent, privately owned, global insurance broker that employs more than 3,800 people. Lockton provides more than 15,000 clients around the world with retirement programsinsurancebenefits, and risk management consulting, offering an uncommon level of client service. From its founding in 1966 in Kansas City, Missouri, USA, Lockton has grown to become the largest privately held insurance broker in the world and 9th largest overallBusiness Insurance recognized Lockton as a "Best Place to Work in Insurance."  You can learn more at

Lockton delivers retirement, insurance, benefits, surety and risk management services to 15,000 clients around the world, offering an uncommon level of client service.  It was founded by Jack Lockton in Kansas City, Missouri, USA, in 1966 and from a modest, home-based insurance agency, has become the 10th largest insurance broker in the world.  For more information on Lockton and its insurance and employee benefits services, please visit  

Securities offered through Lockton Financial Advisors, LLC. a registered broker-dealer, member FINRA SIPC. Investment advisory services offered through Lockton Investment Advisors, LLC, a SEC registered investment adviser.

SOURCE Lockton Investment Advisors, LLC

CONTACT: Linda O'Hanlon,+1-818-386-1916, mobile, +1-818-472-6028, [email protected], for Lockton Investment Advisors, LLC 

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