At Prudential Retirement, we apply a rigorous, meticulous process to manage fiduciary risk. One that's rooted in experience and backed by comprehensive support. We work closely with you and your advisors to develop and document the investment process, addressing your fiduciary liability concerns right down to the smallest detail. At the same time, in keeping with our process focused approach, we also take a more comprehensive overview of the fiduciary's role. With that in mind, our multi-faceted fiduciary risk management has been designed to help sponsors mitigate risk in these key areas:
- Investments-Once you've selected your investments, our Due Diligence Program tracks how each fund has performed, how it compares to other funds in its class, and how it remains in investment style. In this way we help plan sponsors meet their fiduciary as well as financial responsibilities.
- Operational Compliance-We provide you with the tools and services you need to ensure your plan is well designed, cost-effective, financially sound and compliant with applicable laws.
- Communication and Education-Our integrated approach to communication and education is built around the premise that personalized, relevant education is the most effective way to encourage active participation, regular contributions and sound asset allocation by employees.
- Regulatory Risk Management-Recent headlines concerning corporate mismanagement have had a profound impact on the way regulators are scrutinizing corporations both large and small. To help you navigate this changing landscape, we have compliance and regulatory experts on staff who have unrivaled track records when it comes to anticipating issues well before they can become problems.
All of which means you have the freedom to concentrate more fully on your business, knowing our experienced risk management team has got you covered.
*As stated in the Employee Retirement Income Security Act of 1974 (ERISA).
0179236-00001-00
