Your Investment Consultant’s Responsibilities

As a fiduciary, SIA will provide assurance that the retirement plan offers its participants suitable investment options and the finest mutual and collective funds to assist them in creating a diversified, appropriate and balanced portfolio.

Specifically, as an ERISA fiduciary for the plan, you can be assured that SIA will:

• Assume a level of fiduciary responsibility for the plan’s investments
• Create, revise, update and ensure adherence to the Investment Policy Statement
• Conduct ongoing monitoring of options and promptly inform the committee of events that may affect a specific investment option
• Represent all investment issues
• Meet regularly with retirement plan committee to review absolute and relative investment performance, market trends and plan issues
• Review applicable education materials and make recommendations
• Monitor new funds for possible inclusion as plan options

Click below for a few questions you should ask potential consultants to help you determine the best people suited to meet your company’s needs.

Download Questions to Ask Your Retirement Planning Consultant