Investment Policy Statements Crucial to Fiduciary Duty

by Chris Tobe, CFA, CAIA The Investment Policy Statement (IPS) for a pension plan or other investment pool is a critical element in the governance and is a main fiduciary control on investments.    As stated in the IFEBP Investment Policy Handbook, “If an employee benefit plan does not have an investment policy statement, it … Continue reading Investment Policy Statements Crucial to Fiduciary Duty