“Integrity is the
essence of
everything
successful.”
Richard Buckminster Fuller

Pension Trustees

Problem: Trustees of a pension plan came to us with issues regarding the management of their employees’ pension. They had been managing the plan on their own and had never developed an appropriate investment policy guided by the needs and goals of the participants and one that followed ERISA guidelines (Prudent Expert Concept).
 
Our Solution:
  • Determining what level of risk the pension plan had the ability to take.
  • Identifying a reasonable return expectation based on the plans ability to take risk.
  • Creating a detailed investment policy statement.
  • Reducing the risk of the plan holdings by including many new asset categories in their policy.
  • Targeting the payout of benefits to employees likely retirement dates.
The benefits to the client:
  • Significant reduction of risk to the pension’s beneficiaries.
  • Trustees now had an investment process that conformed to the ERISA Prudent Expert theory.
  • Personal liability to the trustees was reduced.
  • Employees could feel more confident that their pension values were invested appropriately
Stonegate Wealth Management, LLC / 17-17 Route 208 North / Suite 250 / Fair Lawn, NJ 07410
info@stonegatewealth.com / Toll Free: (888) 768-0202 / Tel: (201) 791-0085 / Fax: (201) 625-6303
©Copyright 2012 Stonegate Wealth Management. All rights reserved.