Fiduciaries must do all of the follow except
A)Protect plan participants by diversifying plan investments
B)Act with skill, care, prudence, and diligence
C)Avoid conflicts of interest
D)Follow the terms of plan documents without deviation

Question

Quizplus · Accepted Answer

Under ERISA, fiduciaries must follow the terms of plan documents to the extent that those terms are consistent with ERISA, not simply without deviation.
Key Takeaway: Protect plan participants by diversifying plan investments; act with skill, care, prudence, and diligence; and lastly avoid conflict of interest all are something fiduciaries are required to do.

Fiduciaries Must Do All of the Follow Except