Get more! Sign up for PLANSPONSOR newsletters.
Products October 6, 2008
MasteryPOINT Releases Investment Review Product
October 6, 2008 (PLANSPONSOR.com) - MasteryPOINT has
unveiled Plan Investment Plus (PIP), a new online service it
says will help advisers work with plan sponsors and their
fiduciaries in meeting their obligation to review plan
investments.
Reported by Fred Schneyer
A news release said PIP will allow users to:
- Identify standards and criteria on a plan-by-plan basis to determine whether existing investments remain appropriate;
- Create investment policy statements reflecting the standards and criteria selected;
- Prepare full-color monthly or quarterly monitoring reports, including performance information, for plan sponsors; and
- Produce investment committee meeting agendas and minutes for use by investment committees.
“Meeting the fiduciary responsibility for monitoring plan investments is a major concern for both plan sponsors and their advisers,” declared Todd Bloomfield, MasteryPOINT’s president, in the news release. “PIP provides a tool that helps them satisfy that obligation. Like our guidance and advice applications, our monitoring service affords broad functionality at a very attractive price.”
More information is at 800-525-4237 or www.newkirk.com .