The Principal Creates Guide for Good Plan Governance

September 27, 2011 ( – A guide from the Principal Financial Group provides an in-depth look at how advisers can help plan sponsors develop a retirement plan with the least amount of risk.  
Good Governance, A Guide for Retirement Plan Sponsors offers 10 steps to good retirement plan governance, along with tips and sample documents. Financial professionals can use the guide to help clients evaluate their processes.  

“Retirement plan governance is not a new concept, but it rarely gets as much attention as fiduciary responsibility,” said Paul Brown, Vice President, Retirement and investor services.  “Governance goes beyond fiduciary duties and encompasses all actions undertaken in the administration and management of the plan. Financial professionals who are the first to bring this in-depth guide to clients or prospects will demonstrate tremendous value.”

The guide maps out 10 steps to good retirement plan governance and can be adapted to the needs of each company.

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