Hidden Advisor Fees: Ninth Circuit and DOL Let the Sunshine In 9th Circ. ERISA Ruling Informs DOL’s New Fiduciary Proposal Jeff Mamorsky’s article provides important information that all plan sponsors, trustees, and plan counsel need to see. The fiduciary duty of plan sponsors and trustees to check / verify the compensation (direct and indirect) being paid by the plan raises this question: How can they best do so? How can they independently verify whether the necessary information is being provided by the plan’s investment advisor and that it is complete, truthful, and not misleading?