International Foundation of Employee Benefits Plans

Samuel (Skip) Halpern spoke at the recent conference of the International Foundation of Employee Benefit Plans on the topic of "Operational Reviews/Fiduciary Audits - What to Expect." He described the Operational Review as a best practices study of a pension fund's investment program and practices, the process and steps involved in conducting such a Review, the range of subjects that may be addressed, the reasons for conducting this type of evaluation, and the concrete benefits, including reduced investment and fiduciary risk, better cost control, and greater efficiencies.