DiBruno Best Practices for Investment Committees

1. Auflage 2015
ISBN: 978-1-118-53870-8
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 128 Seiten, E-Book

Reihe: Wiley Trading Series

An indispensable guide to avoiding the legal and financialpitfalls and of retirement plan investment
While it has always been true that a well-staffed and managedinvestment committee is key to the success of a corporateretirement plan, in today's increasingly complex andlitigious world it is also a matter of survival. But whatconstitutes a prudent investment committee selection and operatingprocess? How should a committee be selected and governed? How muchreliance should a committee place on outside consultants? Writtenby an author with extensive, in-the-trenches experience, this bookprovides complete answers to these and all vital questionsconcerning the creation, staffing and management of a highly-adeptinvestment committee, along with expert advice and guidance onserving on an investment committee and ensuring that your 401(K)investment program is sound, efficient and in completecompliance.
* Offers expert advice and guidance on how to servesuccessfully on an investment committee, facilitate effectivemanagement, design and implement a robust investment policy andmuch more
* Packed with sample documents, forms, templates, checklists,diagrams and other valuable, ready-to-use resources
* Features numerous real-world examples drawn from theauthor's years of experience as an accreditedinvestment

Autoren/Hrsg.

DiBruno, Rocco

Weitere Mitwirkende

Trone, Donald B.

Inhaltsverzeichnis

FOREWORD vii
INTRODUCTION ix
ABOUT THE AUTHOR xi
CHAPTER 1: Why You Need a 401(k) Investment Committee 1
CHAPTER 2: Forming an Investment Committee 9
CHAPTER 3: Investment Committee Meetings 17
CHAPTER 4: Importance of Investment Policy 25
CHAPTER 5: Complying with Erisa Section 404(c) 31
CHAPTER 6: Selecting, Monitoring and Replacing Investment Managers 37
CHAPTER 7: Employer Stock in the 401(k) Plan 47
CHAPTER 8: Hiring a Pension Consultant 51
CHAPTER 9: Fiduciary Liability Insurance 61
CHAPTER 10: Understanding Investment Expenses & Fees 67
APPENDIX 1: Investment Option Evaluation Form 79
APPENDIX 2: Investment Committee Meeting Minutes 81
APPENDIX 3: Fiduciary Acknowledgment Letter 83
APPENDIX 4: By-laws and Operating Procedures for the Investment Committee 85
APPENDIX 5: Fiduciary Audit Checklist 91
APPENDIX 6: Glossary 95
APPENDIX 7: Resources 107

Über Autor(innen)

Founded in 1982 and headquartered in Santa Fe, New Mexico, Thornburg Investment Management advises a range of active investment strategies, each offered through multiple vehicles to serve a broad spectrum of client needs worldwide. Our goals are to provide attractive returns through active portfolio management and to help clients reach their long-term financial goals. From short-term fixed income to flexible global equity, we focus on the fundamentals, invest for the long term, and go wherever we see value.