TITLE

PENSION ALERT: SELECTING ASSET MANAGERS

AUTHOR(S)
Reicher, Thomas Z.
PUB. DATE
April 1993
SOURCE
Journal of Financial Planning;Apr93, Vol. 6 Issue 2, p58
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
In 1992, the U.S. Department of Labor entered into a settlement agreement growing out of a lawsuit involving an investment manager and its related firms and owners, certain union pension plans, and the trustees of those plans. Following a review of the basic responsibilities imposed on pension-plan fiduciaries, this article presents the guidelines the settlement agreement set forth regarding steps that must be taken by fiduciaries in selecting and monitoring plan investment managers.
ACCESSION #
5554323

 

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