Governance. Documenting your investment committee decisions isn’t exactly exciting – but it is necessary if you want  to avoid problems down the road. Phil Edwards of Curcio Webb shares why it’s so important for investment committees for defined contribution plans need to spend time documenting their decisions.

Defined Contribution Plan Governance

Governance

Documenting your investment committee decisions isn’t exactly exciting – but it is necessary if you want  to avoid problems down the road. Phil Edwards of Curcio Webb shares why it’s so important for investment committees for defined contribution plans to spend time documenting their decisions.

This video is part of a series on Defined Contribution Plans.

For more on Managing Defined Contribution Plans, please see these related videos:

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Focus on the Outcomes of Your Defined Contribution Plan

Is your Investment Committee Focused on Outcomes?

Most are not. Most investment committees spend 80% of their time managing investments. We believe you should think and plan more holistically to achieve the goals that are best for your company – and for plan participants.

This video is the first in our series, Managing Defined Contribution Plans. See related videos:

If after watching this video, you’d like to talk, schedule a 30-minute call with us!

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Plan Sponsors Have a Fiduciary Duty to Monitor Investments

Are you a plan sponsor?

In 2015, the Supreme Court unanimously ruled that ERISA fiduciaries have a continuing duty to monitor plan investments. While this outcome had little in the element of surprise, it presents an opportunity for plan sponsors to review their benefits provider governance structure.

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