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The Six Types of Fiduciaries in Retirement Plans You Need to Know
Team SummitEmployer Resource Center, Fiduciary GovernanceComments are off for this post
A retirement plan may have one or more fiduciaries who have distinct responsibilities, though many individuals and committees may serve in multiple fiduciary roles. Here is a brief overview of the categories of fiduciaries: Named Fiduciary This fiduciary should be named in the plan document and is considered the primary decision-maker for the retirement plan.  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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