FiduciaryRx™ is a strategic planning tool to assess and improve your Fiduciary Wellness™. By focusing on “best practices”, it offers a simple, effective way to create a successful, high performing retirement plan.
To be clear, “best practices” are not the same as legal requirements. Instead, they are about better ways to manage retirement plans. Inmany cases, though, “best practices” also are good risk management tools because they should exceed legal standards, address areas of concern, or anticipate future developments as retirement plans and expectations evolve.
As leading ERISA attorney Fred Reish has explained “Plan sponsors have an option of going beyond looking at what benefits the participants or employer. Meeting minimal objectives of the law is not the goal.”
FiduciaryRx™ scores your plan according to the 6 key dimensions that drive plan success for both your company and your employees:
Oswald Financial, Global Retirement Partners and LPL Financial are not affiliated with FiduciaryWor(k)s or FiduciaryRx™