Investment managers have full responsibility for their investment recommendations and the application of the plan's investment policy statement; the employer and the committee are relieved of all fiduciary responsibility
for the plan asset investment process.
Advisors who partner with companies that offer these solutions have made fiduciary responsibility
a major discussion item with employers.
The AIF[R] designation signifies knowledge of fiduciary responsibility
and the ability to implement policies and procedures that meet a defined standard of care.
The complainant, a condo owner whose main residence is in another state, alleged negligence and lack of fiduciary responsibility
on the part of the CPM Member whose firm managed his property.
Volunteers on association governing bodies, such as the AICPA or state CPA societies, have a fiduciary responsibility
to association members.
If a person has the ability to name a plan trustee, for instance, they have fiduciary responsibility
Ethically responsible management of conflicts of interest keeps fiduciary responsibility
to patients the primary consideration and motivation for clinical judgments and decision making.
The real question is whether to hire a broker or a registered investment advisor (RIA), and that question requires one to ad-dress fiduciary responsibility
, investment expertise and alignment of interests.
Since 1962, JBG has built numerous long-term relationships with high-profile owners, partners and lenders, as well as impeccable reputation for integrity, discretion and fiduciary responsibility
In addition to this, the federal government accepts the fiduciary responsibility
for Indians on lands reserved for Indians.
When confronted with a takeover attempt, a target corporation's board of directors must evaluate the tender offer in view of its fiduciary responsibility
one of the top financial planning firms in Philadelphia, is pleased to announce that Richard Busillo, President, has been awarded the Accredited Investment Fiduciary[R] (AIF[R]) designation from Fiduciary360 (fi360), an organization offering training, tools and resources to promote a culture of fiduciary responsibility
and improve the decision making processes of fiduciaries.
The trustee argued that he had met the requirement because his fiduciary responsibility
obligated him to hire an investment adviser where individuals are not obligated to do so.
The words of the ERISA statute, and its purpose of assuring that people who have practical control over an ERISA plan's money have fiduciary responsibility
to the plan's beneficiaries, require that a person with the authority to direct payment of a plan's money be deemed a fiduciary.
In this and other matters having to do with qualified plans, employers take on heavy responsibility, so it is good practice for the employer to continually monitor the plan and review everything from the plan documents to the investment policy statement to the methods by which the company identifies those employees holding fiduciary responsibility
, and trains them in carrying them out.