An indispensable resource for every financial serviceprofessionals developing an IPS
The Investment Policy Statement (IPS) is one of the mostcritical documents fiduciaries must draft. For years, ERISA andother industry regulations have governed the guidelines allfiduciaries must comply with when drafting one. But the currentclimate of corporate scandal and the 2008 global banking crisishave led to increased scrutiny by regulators, prompting firms totake a closer look at the quality and integrity of their IPSs andto take steps to have a rigorous formal process in place fordrafting them. Endorsed by the Foundation of Fiduciary Studies, this concise guide provides a rigorous framework and the expertinsight, information and guidance you need to guarantee that yourIPS is in complete compliance with all ERISA-directedrequirements.
* Provides a step-by-step plan for creating a uniform IPS thatevery advisor in the office can follow * Defines the duties and responsibilities of all partiesinvolved, while clarifying diversification guidelines and providingmethods for keeping costs under control * Packed with ready-to-use templates, sample forms, letters andother documents, diagrams and other valuable tools, includingsample Policy Statement downloadable at the companion website * Designed to get you quickly up to speed on what you need toknow to confidently serve your clients with the highest standardsof care and protection
The Investment Policy Statement (IPS) is one of the mostcritical documents fiduciaries must draft. For years, ERISA andother industry regulations have governed the guidelines allfiduciaries must comply with when drafting one. But the currentclimate of corporate scandal and the 2008 global banking crisishave led to increased scrutiny by regulators, prompting firms totake a closer look at the quality and integrity of their IPSs andto take steps to have a rigorous formal process in place fordrafting them. Endorsed by the Foundation of Fiduciary Studies, this concise guide provides a rigorous framework and the expertinsight, information and guidance you need to guarantee that yourIPS is in complete compliance with all ERISA-directedrequirements.
* Provides a step-by-step plan for creating a uniform IPS thatevery advisor in the office can follow * Defines the duties and responsibilities of all partiesinvolved, while clarifying diversification guidelines and providingmethods for keeping costs under control * Packed with ready-to-use templates, sample forms, letters andother documents, diagrams and other valuable tools, includingsample Policy Statement downloadable at the companion website * Designed to get you quickly up to speed on what you need toknow to confidently serve your clients with the highest standardsof care and protection