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Strategies Of Reducing Fiduciary Liability Risks as Outlined by Hauser Insurance Group

According to Hauser Insurance Group, companies that need to minimize fiduciary liability risks need to close adherence to an Investment Policy Statement (IPS). It helps create a system within the possible occurrence of fiduciary. The Employment Retirement Income Security Act (ERISA) does not need IPS establishment. However, the Department of Labor recommends its use. Purchasing Fiduciary Liability Insurance is also a good strategy to minimize...