The AIF designation represents a thorough knowledge of and ability to apply the fiduciary Practices. These individuals have a reputation in the industry for the ability to implement a prudent process into their own investment practices as well as being able to assist others in implementing proper policies and procedures. Go to www.fi360.com.
The Employee Retirement Income Security Act of 1974 is a federal law which establishes minimum standards for pension plans in private industry and provides for extensive rules on the federal income tax effects of transactions associated with employee benefit plans. Its goal is to protect the interests of the employee benefit plan participants and their beneficiaries by requiring disclosure of financial and other information, establishing a standard of conduct and providing appropriate remedies and access to the federal courts. Go to www.dol.gov for more information.