New Jersey Administrative Code
Title 17 - TREASURY - GENERAL
Chapter 6 - DEFINED CONTRIBUTION RETIREMENT PROGRAM
Subchapter 6 - INVESTMENTS AND INVESTMENT DIRECTION
Section 17:6-6.6 - Plan Administrator not responsible

Universal Citation: NJ Admin Code 17:6-6.6

Current through Register Vol. 56, No. 6, March 18, 2024

(a) If any person, including a DSP, provides any investment education or investment information or investment advice of any kind, the Plan Administrator shall not be liable for any loss or liability arising out of such investment education or investment information or investment advice.

(b) To the extent of the participant's, beneficiary's, or alternate payee's investment direction, the Plan Administrator is relieved of any fiduciary responsibility and every kind of liability, and is not responsible for any damage or loss or expense or other claim which may arise from any participant's, beneficiary's, or alternate payee's investment direction or failure to exercise his or her duty of investment direction.

Disclaimer: These regulations may not be the most recent version. New Jersey may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.