Fiduciary Governance

5 Tactics to Increase Retirement Plan Participation
Team SummitEmployee Outcomes, Employer Resource Center, Fiduciary Governance, Plan Operations & AdminComments are off for this post
Employees fail to enroll in their retirement plan for a variety of reasons. They may be intimidated if it’s their first time around or they might not fully understand and appreciate the benefits (or the downside of not participating). Some could be concerned about “locking up” their money — and others might worry so much  Read More →
DOL: No Enforcement of Rules on ESG Investments & Proxy Voting
Team SummitEmployer Resource Center, Fiduciary Governance, Plan InvestmentsComments are off for this post
On March 10, 2021 the Department of Labor (DOL) issued a “Statement Regarding Enforcement of its Final Rules on ESG Investments and Proxy Voting by Employee Benefit Plans” (the “Statement”). The Statement addresses the DOL’s present position regarding final rules the DOL published that amended investment duties of fiduciaries under the Employee Retirement Income Security  Read More →
Mitigating Fiduciary Liability [VIDEO]
Team SummitEmployer Resource Center, Fiduciary GovernanceComments are off for this post
If you are considered a fiduciary to your organization’s retirement plan, it’s critical that you understand your responsibilities along with your liabilities. What you also may want to understand are the potential ways to limit fiduciary liability. Tune into this Brainshark from The Standard to walk through the various ways in which you could reduce  Read More →

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