Effective Plan Management Starts with a Strong Investment Policy Statement
The Investment Policy Statement (IPS) for a public defined benefit plan is one of the most important documents in guiding Plan Sponsors with managing retirement assets while fulfilling their fiduciary obligations. A strong fiduciary governance practice calls for reviewing a plan’s IPS no less than…
5 Trends in Retirement Plan Fee Evaluation
Fueled by a litigious environment, the monitoring and benchmarking of fees has become an increased area of focus in Defined Contribution plans. ERISA requires fiduciaries to carry out their responsibilities prudently and solely in the interest of the plan’s participants and beneficiaries. One of these responsibilities is to…
