Implementing an Investment Policy

Making sound investment-related decisions for an employee benefit plan is an essential part of fiduciary duty.  A good investment policy provides a roadmap for a fiduciary agent of where the plan is expected to go.  By providing clear procedural guidelines, plan sponsors can make better decisions related to the selection and ongoing monitoring of investment …

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Planned Changes to the Regulatory Definition of Fiduciary

The Employee Benefits Security Administration (EBSA) plans to amend the regulatory definition of “fiduciary.” A large number of plan sponsors rely on the services of pension consultants and financial asset appraisers. As such, in June 2010, EBSA will propose to amend the current definition to include these service providers, essentially making them subject to the …

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