Fiduciary
Guidance
Due to the volatility of the financial markets, recent mutual
fund scandals, and further potential litigation surrounding
the financial services industry, never has there been a
time when plan sponsors, trustees and plan advisors are
under greater scrutiny from regulators and participants.
For plan sponsors and trustees, the environment is confusing
and potentially perilous from a liability standpoint.
The
Retirement Planning & Administration helps minimize
risk and effectively deal with the scrutiny currently focused
on retirement plan sponsors and fiduciaries by:
-
Developing an Investment Policy Statement for each plan,
which provides a process for selecting and monitoring
available investment options;
-
Full and complete disclosure of all fees and costs associated
with the retirement plan and monitoring those fees to
ensure they are in line with or below industry standards;
-
Addressing concerns with employee plan utilization relating
to participation, contribution levels, and lack of investment
knowledge or confidence.
-
Having on staff two certified investment management analysts
familiar with current fiduciary standards and practices
who are committed to a fiduciary code of ethics.
