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2004•Unpublished venueRequires access

A Guide for the Prudent Fiduciary

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Abstract

Extract Broadly speaking, the responsibilities of a pension plan fiduciary are to exercise care and loyalty. With these two responsibilities in mind, we present what we believe to be the minimum requirements fiduciaries must meet to fulfill their legal, and perhaps ethical, obligations in planning, staffing, and monitoring the plans that they serve. DUTY OF CARE DUTY OF LOYALTY

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Extract Broadly speaking, the responsibilities of a pension plan fiduciary are to exercise care and loyalty. With these two responsibilities in mind, we present what we believe to be the minimum requirements fiduciaries must meet to fulfill their legal, and perhaps ethical, obligations in planning, staffing, and monitoring the plans that they serve. DUTY OF CARE DUTY OF LOYALTY

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Available abstract

Extract Broadly speaking, the responsibilities of a pension plan fiduciary are to exercise care and loyalty. With these two responsibilities in mind, we present what we believe to be the minimum requirements fiduciaries must meet to fulfill their legal, and perhaps ethical, obligations in planning, staffing, and monitoring the plans that they serve. DUTY OF CARE DUTY OF LOYALTY

Key concepts: Fiduciary, Duty of loyalty, Staffing, Loyalty, Duty, Business, Duty of care, Plan (archaeology)

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