Products June 10, 2009

Principal Introduces Tool for Reporting Fair Value Measurements

June 10, 2009 (PLANSPONSOR.com) - The Principal Financial Group has unveiled an online, user-friendly tool to help retirement plan sponsors comply with the new rules for reporting fair value measurements of plan assets and the process of getting those measurements.
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According to a press release, the Fair Value Measurement Analysis Tool walks financial professionals and their clients through the following Fair Value Measurement steps:

  • Education about FAS 157 requirements and plan sponsor fiduciary responsibility,
  • Performing the fair value analysis,
  • FAS 157 disclosures,and
  • Printing and filing valuation information.

The tool is available to plan sponsor clients of The Principal at no additional cost.

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More information is available at www.principal.com .

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