Labels:book | reckoner | sky OCR: extent that the insurer engages in the discretionary management assets attributable that phase 1 the contract which provides guarantee ot benefit payments or fixed rates of return seems to us that the insurer should be sunject tn fiduciary responsi bility. Sec 29 U.S.C 100221{A} P.A. 11 (emphasis addedi SUMMARY H0 ARGUMENT ERISA is a comprehensive statute designed to protect employee pension benefits. Nachman Corp Pension Benefit Guaranty Corp. 446 U.S. 359, 361. reh'e denied 448 U.S. 908 {1980} order to ensure that employee pension expectations are qou defeated" ERISA est ablished variety protective rules includ. ing fiduciary standards for pension plan managers. Alessi Raybestos- -Manhattan, Inc. 451 U.S. 504 510 n.5 (1981) The fiduciary rules impose a high standard f0 care and prudence ...
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