Fiduciary Foundations
Refocus. Strengthen governance. Elevate decision-making. As plan sponsors head into the back half of the year, committees are reviewing plan performance, vendor relationships, and long-term strategies.
It’s a pivotal moment to reinforce fiduciary governance, sharpen committee effectiveness, and prepare for year-end responsibilities.
Fiduciary Excellence Comes Depends on 3 Things
Fiduciary success depends on 3 things: who, what, and how. Fiduciary success is not about being perfect; it is about having a clear process.
5 ERISA Fiduciary Duties Made Simple
Regulatory definitions evolve, but expectations around fiduciary behavior have remained consistent over time. Let’s look at what they are and how they show up within your retirement plan.
3 Ways to Strengthen Your Fiduciary Process
A strong 401(k) plan is not only about investments. It is also about the process behind the decisions, and how consistently that process is followed over time.
Mayflower Advisors
265 Franklin St., Ste 401 Boston, MA 02110
617-259-1767
https://www.mayfloweradvisors.com/
MFARetirement@mayfloweradvisors.com
All information has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy, reliability, or completeness of, nor liability for, decisions based on such information and it should not be relied on as such. Securities offered by registered representatives through Private Client Services (“PCS”), Member FINRA/SPIC. Advisory services offered through Mayflower Advisors, LLC (“MFA”), an SEC registered investment adviser. PCS and MFA are not affiliated. Advisory services are only offered to clients or prospective clients where MFA and its representatives are properly licensed or exempt from licensure. For current MFA information, please visit the Investment Adviser Public Disclosure website at www.adviserinfo.sec.gov by searching with MFA’s CRD #307857.
This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.
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