Market Insights

The Silicon Valley Bank (SVB) collapse sent shockwaves through the financial industry and brought public awareness of risks in the financial system to the forefront. In this article we look at what went wrong, impacts the bank's failure could have on the market, and risk management best practices banks and other companies should consider to improve their risk profile.

​In recent years, federal courts have been flooded with ERISA class action litigation against defined contribution plans and retirement plan fiduciaries. This article details the rise in excessive fee litigation, challenges in the fiduciary insurance marketplace and proactive steps plan sponsors can take to mitigate their risk.