The Evolving Investment Policy Statement

Connelly, Thomas J.
June 1996
Journal of Financial Planning;Jun96, Vol. 9 Issue 3, p22
Academic Journal
The purpose of this column is to make some observations in light of current industry trends based on my personal experience using policy statements over the last seven years? Those readers interested in a meatier treatment of the subject are referred to an excellent article detailing the rationale behind, and the composition of, a quality IPS for a qualified plan which appeared in the Journal of Financial Planning in 1992. More recent sources expand upon the earlier article and offer examples of policy statements for qualified plans, trusts and individuals,[2] as well as detailing the investment process for fiduciaries.[3].


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