* Have been given at least 30 days notice before the default investments
are made and before the beginning of each plan year.
Fiduciary liability: For an employer to avoid fiduciary liability on default investments
, the following requirements must be met:
The undertow (THC) current must reach the surface, allowing investors to make rational investments
. Looking back, the collapse of many communist countries at the beginning of the 1990's fueled a surge in the immigrant population both in the United States and Europe.
For simplicity's sake, let's assume employees can select their own investments
from a larger list of available choices and that there are no employer securities to deal with.
In addition, many non-Canadian members work for companies with substantial Canadian operations, investments
, and employees.
Variable life insurance is suitable for younger, risk-tolerant investors because it includes a more volatile mix of mutual funds, bonds, and stock investments
and does not offer a guaranteed return.
The more company profits are squeezed, the more successful corporations focus on recouping asset investments
But, according to figures compiled jointly by PricewaterhouseCoopers and NVCA and analyzed for Financial Executive by Innovation Advisors, "there has been a dramatic shift in the venture market from early-stage investments
to late-stage investments
," notes Doug Brockway, managing director at IA.
General considerations pertaining to auditing alternative investments
Diaz adds that clients need to examine the entire spectrum of investment
opportunities to determine the most appropriate mix of assets.
ERISA states that "if the trustee or fiduciary involved in selecting the investments
doesn't have the requisite level of expertise, they are required--it is their fiduciary obligation--to bring in somebody as an investment
adviser to the plan," says Joel Framson, CPA, president of Los Angeles-based Silver Oak Wealth Advisors and chair of the AICPA's Personal Financial Planning Executive Committee.
The Primate's World Relief and Development Fund (PWRDF) board of directors has approved in principle the adoption of a mission-based investing (MBI) approach to its reserve funds that are being held in long-term investments