Qualified plans are in the cross hairs.

In recent years, qualified plans have come under increasing scrutiny from regulatory authorities.

The reasons are simple enough. The average worker isn’t saving enough to retire comfortably. And with Social Security unlikely to be an adequate retirement supplement, pension plans, profit sharing plans, 40l-K plans and other qualified instruments are being counted on to pick up the slack.

There’s a lot at stake. And, as evidenced by the all-too-familiar headlines reporting irregularities in plans, there’s a lot that can go wrong.

Prevention is the best medicine.

The most effective, least expensive way to address issues regarding your plan is before, not after, legal and regulatory agencies come calling.

This is where Keith Loveland can help. As an experienced Certified Fiduciary Auditor, Mr. Loveland can help you make sure your qualified plan is above reproach.

A Fiduciary Review is a smart start.

At the core of Mr. Loveland’s contributions is a Fiduciary Review, an evaluation of all the investment practices and procedures related to your qualified plan. This review, developed by the Foundation for Fiduciary Studies, helps you:

Establish evidence that you’re following a prudent process, thereby minimizing the risk of litigation
Increase long-term investment performance by identifying a more appropriate asset mix and identifying fees that can be reduced
Uncover risks in your investment choices and/or procedures
Compare your plan with those of similar companies
Establish benchmarks to help measure the accomplishments of an investment committee or consultant
Enable the fiduciary to negotiate lower E&O premiums
The pressure on qualified plan fiduciaries is greater than ever. But a thorough, systematic review by Keith Loveland can help you avoid the problems we hear too much about these days.
 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Click here to download a PDF of Loveland Certified Fiduciary Auditor information.

Note: Adobe® Acrobat® Reader is required to view and print this file. If you don't have it, click here to download a copy free.

back to top