Ubiquity Retirement + Savings
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401(k) Retirement Plan Administrator
Heritage Pension Advisors, Inc.
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Principal Legal Content Specialist - Benefits
Bloomberg Industry Group
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Defined Benefit Plan Administrator
Pension Investors Corp of Orlando Inc
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Pension Investors Corp
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401(k) Retirement Plan Administrator
BDS Consulting Group
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Pinnacle, An NPPG Company
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Three Critical Fiduciary Duties Every ERISA Plan Sponsor Must Know
Fiduciary News; free registration required ![]() May 19, 2010
Excerpt: [T]he following three trustee duties especially apply to ERISA fiduciaries: Duty of Loyalty ? The fiduciary must not engage in acts of self-dealing. This is perhaps the most fundamental duty. Duty to Keep Property Separate and Maintain Adequate Records ? Client property must be segregated from the property of the fiduciary and adequate records must be kept. Duty of Prudent Investment ? The fiduciary who manages investments has a duty to comply with the prudent investor rule unless otherwise agreed to with the client.
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