White Paper: Hiring a Fiduciary Can Reduce Company Owners’ Headaches and Improve Employees’ Retirement Prospects
Owners of small companies want their corporate retirement plans to serve their employees well and are legally required to do so. Unfortunately, it is commonly recognized that many owners of companies with less than $50 million in retirement assets don’t really get what it means to be a fiduciary. Employers need to understand what they’re up against—and the solution for these challenges. To help them, this report discusses the following:
- Definition of a retirement plan fiduciary and employer' duties as fiduciaries
- Risks of not acting as a fiduciary
- Owner's ability to delegate some fiduciary responsibility, thus strengthening risk management
Use the form to the left to download your free copy of Hiring a Fiduciary Can Reduce Company Owners’ Headaches and Improve Employees’ Retirement Prospects.