Some companies are responding to the fiduciary and other issues associated with offering company stock as an investment option in their 401(k) plans by amending their plans to eliminate the investment option as of a fixed date. Winding down a company stock fund requires careful planning and timely, thoughtful communications to plan participants. The actual process of liquidating the shares held in the company stock fund as the deadline for its elimination app
Edward Patchett, CFA, Senior Vice President and Managing Director of IFS, presented two educational sessions at the recent International Foundation of Employee Benefit Plans (IFEBP) Annual Conference in Orlando, FL. Mr. Patchett’s first session entitled “Understanding Investment Manager Fees” included an analysis of investment manager fee universes by investment style and asset class. Mr.
