As part of a plan sponsor's fiduciary responsibility, the Department of Labor suggests the use of an Investment Policy Statement to assure that decisions regarding retirement plans have been made in a prudent manner.
An Investment Policy Statement is a written document that serves as a road map for plan sponsors and trustees to establish a process to select and monitor investment vehicles. Utilizing an Investment Policy Statement illustrates that due diligence has been used in setting defined criteria with the retirement plan's overall long-term goals in mind.
Ohio National is not affiliated with, nor does it endorse or sponsor, any particular prospecting, marketing or selling system.