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Posted

Preparing an investment policy statement is a fiduciary function, right?

Posted
Adopting an investment policy is a fiduciary function.

That's waht I thought, thank you.

Posted

If QDRO didn't intend to draw the distinction, I will. Mere preparation of a policy to be considered for adoption by the appropriate fiduciary(ies) is not a fiduciary function. As a lawyer I have drafted or commented on several for clients and I don't consider that to be a fiduciary act on my part.

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