MasteryPOINT Releases Investment Review Product

October 6, 2008 ( - 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.

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 .