What is this?

Due to recent changes in the Pension Protection Act, the fiduciary responsibility for an organization’s retirement plan now falls on the employer.  The Investment Policy Statement should be a part of the best practices of any organization.  This statement is a tool to be used by the Investment Committee of any organization for the betterment of the company retirement plan.

How does it help me?

With an increase in fiduciary responsibility also comes a higher potential for litigation.  The current policing of this HR policy is the determination that the organization has something in writing and that policy is being followed.  It provides specific parameters to determine if a fund is performing within the acceptable realm.   An IPS provides the necessary written documentation and a process to follow.

Who do I contact for questions?

For more information on using the Pry Advisory Group Pension Consulting Services to create a more efficient process within your company’s retirement plan, contact us at 419-423-4481 or email us at info@PryGroup.com.

What do I need to bring?

Each engagement will be preceded by an inventory list of questions and materials necessary to begin the review.