Archive for May 2017
ERISA 1104(a)(1)(B) re Duty to Prudently Delegate
A trustee has a duty to prudently invest the plan assets on behalf of the beneficiaries. However, few trustees actually take on this complex responsibility alone. In most cases the trustee will…
Read MoreUPIA §2(b) – Duty to Monitor Risk and Return
The preamble to the Uniform Prudent Investor Act notes, “The tradeoff in all investing between risk and return is identified as the fiduciary’s central consideration.” For most trustees determining the return that was produced by the assets held in trust is a fairly straightforward exercise.
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