{"product_id":"best-practices-for-investment-committees-isbn-9781592803095","title":"Best Practices for Investment Committees","description":"\u003cp\u003e\u003cb\u003eAn indispensable guide to avoiding the legal and financial pitfalls and of retirement plan investment\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhile it has always been true that a well-staffed and managed investment committee is key to the success of a corporate retirement plan, in today's increasingly complex and litigious world it is also a matter of survival. But what constitutes a prudent investment committee selection and operating process? How should a committee be selected and governed? How much reliance should a committee place on outside consultants? Written by an author with extensive, in-the-trenches experience, this book provides complete answers to these and all vital questions concerning the creation, staffing and management of a highly-adept investment committee, along with expert advice and guidance on serving on an investment committee and ensuring that your 401(K) investment program is sound, efficient and in complete compliance.\u003c\/p\u003e \u003cul\u003e \u003cli\u003e Offers expert advice and guidance on how to serve successfully on an investment committee, facilitate effective management, design and implement a robust investment policy and much more \u003c\/li\u003e \u003cli\u003ePacked with sample documents, forms, templates, checklists, diagrams and other valuable, ready-to-use resources\u003c\/li\u003e \u003cli\u003eFeatures numerous real-world examples drawn from the author’s years of experience as an accredited investment \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eFOREWORD vii\u003cbr\u003e\u003cbr\u003eINTRODUCTION ix\u003cbr\u003e\u003cbr\u003eABOUT THE AUTHOR xi\u003cbr\u003e\u003cbr\u003eCHAPTER 1: Why You Need a 401(k) Investment Committee 1\u003cbr\u003e\u003cbr\u003eCHAPTER 2: Forming an Investment Committee 9\u003cbr\u003e\u003cbr\u003eCHAPTER 3: Investment Committee Meetings 17\u003cbr\u003e\u003cbr\u003eCHAPTER 4: Importance of Investment Policy 25\u003cbr\u003e\u003cbr\u003eCHAPTER 5: Complying with Erisa Section 404(c) 31\u003cbr\u003e\u003cbr\u003eCHAPTER 6: Selecting, Monitoring and Replacing Investment Managers 37\u003cbr\u003e\u003cbr\u003eCHAPTER 7: Employer Stock in the 401(k) Plan 47\u003cbr\u003e\u003cbr\u003eCHAPTER 8: Hiring a Pension Consultant 51\u003cbr\u003e\u003cbr\u003eCHAPTER 9: Fiduciary Liability Insurance 61\u003cbr\u003e\u003cbr\u003eCHAPTER 10: Understanding Investment Expenses \u0026amp; Fees 67\u003cbr\u003e\u003cbr\u003eAPPENDIX 1: Investment Option Evaluation Form 79\u003cbr\u003e\u003cbr\u003eAPPENDIX 2: Investment Committee Meeting Minutes 81\u003cbr\u003e\u003cbr\u003eAPPENDIX 3: Fiduciary Acknowledgment Letter 83\u003cbr\u003e\u003cbr\u003eAPPENDIX 4: By-laws and Operating Procedures for the Investment Committee 85\u003cbr\u003e\u003cbr\u003eAPPENDIX 5: Fiduciary Audit Checklist 91\u003cbr\u003e\u003cbr\u003eAPPENDIX 6: Glossary 95\u003cbr\u003e\u003cbr\u003eAPPENDIX 7: Resources 107\u003c\/p\u003e \u003cp\u003eFounded in 1982 and headquartered in Santa Fe, New Mexico, \u003cb\u003eThornburg Investment Management \u003c\/b\u003eadvises a range of active investment strategies, each offered through multiple vehicles to serve a broad spectrum of client needs worldwide. Our goals are to provide attractive returns through active portfolio management and to help clients reach their long-term financial goals. From short-term fixed income to flexible global equity, we focus on the fundamentals, invest for the long term, and go wherever we see value.\u003c\/p\u003e  \u003cp\u003e\u003cb\u003e\u003ci\u003eHarness the power of the 401(k) investment committee to guard against financial liability and streamline your investment program…\u003c\/i\u003e\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eIn 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. \u003c\/p\u003e\u003cp\u003ePacked with numerous resources and examples, this clear guide will help you avoid legal and financial pitfalls and find answers to critical questions: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eWhat constitutes a prudent committee selection and operating process?\u003c\/li\u003e \u003cli\u003eHow should a committee be governed?\u003c\/li\u003e \u003cli\u003eHow much reliance should a committee place on outside consultants?\u003c\/li\u003e \u003cli\u003eHow should committee members be selected?\u003c\/li\u003e \u003cli\u003eHow are best practices articulated and implemented?\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eYou will learn how to: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eServe successfully on an investment committee\u003c\/li\u003e \u003cli\u003eEnable effective management\u003c\/li\u003e \u003cli\u003eImplement a robust investment policy\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAn adept investment committee helps you identify crucial issues and get the job done right.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47988803862757,"sku":"NP9781592803095","price":19.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781592803095.jpg?v=1761781655","url":"https:\/\/k12savings.com\/es\/products\/best-practices-for-investment-committees-isbn-9781592803095","provider":"K12savings","version":"1.0","type":"link"}