Plan Fiduciary Services

Plan Fiduciary Services

Manage Fiduciary Risk Through Investment Selection and Monitoring

Photo of CoupleRetirement Plan regulations seem to be going through a never-ending cycle of revisions. Chief among most plan sponsors’ concerns is their level of fiduciary responsibility, and liability, for selecting and monitoring a retirement plan’s investment menu.

A key component of adhering to fiduciary duties under the Employee Retirement Income Security Act (ERISA) is ensuring that plan participants have the potential to create a well-diversified portfolio that may help minimize the risk of large losses (the diversification rule). Those plan sponsors without the time, talent or tools to monitor investment options for their plan are turning to third-party advisors for help with this important task.

Retirement Management Systems offers discretionary and non-discretionary fiduciary services to plan sponsors for the selection and monitoring of the investment menu.

Contact us for more information on these important services.

 

Manage Fiduciary Risk Through Employee Financial Education

While determining how much they’ll need for retirement and how to allocate their savings among a defined contribution retirement plan’s investment menu is a key component of any employee financial education program, some of the most complex decisions that employees will have to make involve the full breadth of personal finance issues. Objective third-party financial education can help them prepare for more than retirement. It can help them gain confidence that their everyday spending behaviors are in line with a well-planned wealth management program.

More employees than ever are expecting to receive help on personal finance issues through their employer.

Our network of financial advisors are available to deliver a full range of employee education programs that encompass:

Budgeting

Retirement Planning and Investing

Credit and Debt

College Planning

Estate Planning