Fiduciary Governance

Fiduciary Governance

A strong fiduciary governance structure is the bedrock of a successful retirement plan program. A sound framework limits fiduciary liability within the organization and empowers those delegated to proactively manage the plan to ensure its ongoing benefit to participants.

Proper governance is well-documented, identifies the parties involved with the plan, delegates responsibilities to the appropriate parties, and creates a process to make decisions about vendors, services, fees, and investments.

Fiduciary governance structures are as unique as the organizations that utilize them. Multnomah Group assists clients with the development of structures, documentation, and processes in:

  • Assessment of fiduciary processes and documents
  • Committee charters
  • Board resolutions
  • Gift and conflict policies
  • Investment policy statements
  • Fee policy statements
  • Education policy documents