Don’t Overlook the Need for a Fiduciary Oversight Review
December 15, 2022
Retirement plan fiduciary obligations are much easier to meet when you have expert guidance, especially from consultants who include a fiduciary oversight review (FOR) as a key service. FOR serves as an organized, documented approach to effectively oversee a retirement plan and fulfill fiduciary requirements.
In addition to helping fulfill fiduciary responsibilities under the Employee Retirement Income Security Act of 1974 (ERISA), FOR often reveals opportunities to reduce plan liabilities and improve plan participant outcomes.