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Products February 18, 2004
Caterpillar Unveils Fiduciary Kit
February 18, 2004 (PLANSPONSOR.com) - Caterpillar
Investment Management Ltd. (CIML) has unveiled a fiduciary
tool kit to help defined contribution plan sponsors
understand and manage their fiduciary obligations.
Reported by Fred Schneyer
The tool kit includes a guide to fiduciary bonding
requirements, ideas for managing liability, information on
404(c) compliance, a sample investment policy statement,
and helpful Internet resource sites.
According to David Bomberger, CIML’s president, “The role of a fiduciary is a critical and complex one. Our fiduciary tool kit is designed to help investment committee members meet their responsibilities to their plans and participants.”
For more information, go to www.plansponsorsolutions.com .