Best Practices for Investment Committees
Harness the power of the 401(k) investment committee to guard against financial liability and streamline your investment programIn today's complex, increasingly-litigious world, you must ensure that your investment decision process is sound and efficient. A well-managed investment committee is the key to survival and success.Packed with numerous resources and examples, this clear guide will help you avoid legal and financial pitfalls and find answers to critical questions:What constitutes a prudent committee selection and operation process?How should a committee be governed?How much reliance should a committee place on outside consultants?How should committee members be selected?How are best practices articulated and implemented?You will learn to:Serve successfully on an investment committeeEnable effective managementImplement a robust investment policyAn adept investment committee helps you identify crucial issues and get the job done right.