Charles Platt

Charles Platt

WilmerHale

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Life and Annuity Series: Class Certified in an ERISA “Unreasonable Compensation” Case

The Colorado federal court concluded last summer, in Teets v. Great-West Life & Ann. Ins. Co., that an insurer could be subject to ERISA liability for receiving unreasonable compensation in connection with a stable value...more

7/15/2016  /  Best Interest Standard , Class Action , Class Certification , Compensation Agreements , Employee Retirement Income Security Act (ERISA) , Plan Participants , Prohibited Transactions , Trustees
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