MassMutual'sRetirement Services Division announced the launch of its newest Fiduciary Guide.
According to a release, following a complete revision, the 2012 Guide serves as a detailed toolkit to help plan fiduciaries determine their status and understand their responsibilities.
Specifically, the guide helps fiduciaries:
-Identify and undertake required actions,
-Employ practical suggestions to keep their plan on track and fulfill their obligations,
-Consider voluntary actions they can take to improve their plan and mitigate risk.
"Plan fiduciaries play the lead role in safeguarding the rights of plan participants," says Eric Leverson, assistant VP with MassMutual Retirement Services. "With this important role, we want them to understand they are not alone when facing today's maze of regulatory requirements. MassMutual's ERISA Advisory Services team offers ready access to knowledge and experience fiduciaries can use to help effectively manage their retirement plans," adds Leverson.
MassMutual reported that the Fiduciary Guide is one of two companion pieces designed to help fiduciaries fulfill their responsibilities. The other, MassMutual's Fiduciary Calendar, is current with important deadlines and information on new requirements.
MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) [of which Retirement Services is a division] and its affiliated companies and sales representatives.
A.M. Best Revises Outlook to Stable for Ratings of The Savings Bank Life Insurance Company of Massachusetts [Professional Services Close – Up]
Advisor News
- Your client’s $3 million portfolio doesn’t tell you their insurance needs
- How life insurance can provide liquidity for wealthy families
- Retirement providers turn to digital engagement to retain assets
- Looking out for clients with diminished mental capacity
- House panel advances CLEAR Forms Act backed by IRI
More Advisor NewsAnnuity News
- What lower interest rates mean to annuity payouts
- AM Best downgrades A-Cap insurers amid financial and regulatory troubles
- Lawsuit claims Delaware Life hid billions in insurer-linked investments
- AM Best to Deliver Presentation at 2026 ACLI Annual Conference
- Global Atlantic Announces Launch of ForeLifetime Income, a New Fixed Index Annuity
More Annuity NewsHealth/Employee Benefits News
Life Insurance News