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Web Exclusive: Fiduciary Investment Issues in Defined Contribution Plans (PDF)
Benefits & Compensation Digest via International Foundation of Employee Benefit Plans
July 14, 2006
8 pages. Excerpt: The recent emergence of multiemployer 401(k), profit-sharing and money purchase plans as important retirement tools has led to a reexamination of the respective roles and responsibilities of trustees, money managers, consultants, brokers and other service providers. This article reviews trustee fiduciary duties relating to DC plan investments; shielding trustees from fiduciary liability for poor investment performance; and controlling investment costs and fees.
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