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" ... solely in the interest of the participants and beneficiaries and (A) for the exclusive purpose of: (i) providing benefits to participants and their beneficiaries. . . . (B) with the care, skill, prudence, and diligence under the circumstances then... "
Private Pension Plan Reform, Hearings Before the Subcommittee on Private ... - Página 1190
por United States. Congress. Senate. Finance - 1973
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Investment Policies of Pension Funds: Hearings Before the Subcommittee on ...

United States. Congress. Economic Joint Committee - 1970 - 348 páginas
...participants and their benefiiciaries ; "'(B) with the care under the circumstances then prevailing that a prudent man acting in a like capacity and familiar...enterprise of a like character and with like aims ; and "'(C) in accordance with the documents and instruments governing the fund insofar as is consistent...
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Private Welfare and Pension Plan Study, 1971: Hearings, Ninety-second ...

United States. Congress. Senate. Committee on Labor and Public Welfare. Subcommittee on Labor - 1971 - 416 páginas
...participants and their beneficiaries; (B) with the care under the circumstances then prevailing that a prudent man acting in a like capacity and familiar...enterprise of a like character and with like aims ; and (C) in accordance with the documents and instruments governing the fund insofar as inconsistent...
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Private Welfare and Pension Plan Study, 1971: Hearings, Ninety-second ...

United States. Congress. Senate. Committee on Labor and Public Welfare. Subcommittee on Labor - 1971 - 1348 páginas
...and their beneficiaries: (B) with the care under the circumstances then prevailing that a pruilent man acting in a like capacity and familiar with such...enterprise of a like character and with like aims ; and (C) in accordance with the documents and instruments governing the fund insofar as inconsistent...
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Retirement Income Security for Employees Act, 1972: Hearings Before the ...

United States. Congress. Senate. Labor and Public Welfare - 1972 - 706 páginas
...available investment opportunities. We are gratified that the bill phrases this standard in terms of "a prudent man acting in a like capacity and familiar...enterprise of a like character and with like aims" — section 15(b)(l)(B) — this makes clear that what is prudent is to be determined realistically...
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Welfare and Pension Plan Legislation: Hearings, Ninety-second Congress ...

United States. Congress. House. Committee on Education and Labor. General Subcommittee on Labor - 1972 - 210 páginas
...beneiiciaries; (B) with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent man acting in a like, capacity and familiar...enterprise of a like character and with like aims; and (C) in accordance with the documents and instruments governing the fund insofar as is consistent...
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Hearings

United States. Congress. Senate. Committee on Labor and Public Welfare - 1972 - 1048 páginas
...available investment opportunities. We are gratified that the bill phrases this standard in terms of "a prudent man acting in a like capacity and familiar...enterprise of a like character and with like aims" — section 15(b)(l)(B) — this makes clear that what is prudent is to be determined realistically...
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Committee Prints

United States. Congress. Senate. Committee on Labor and Public Welfare - 1972 - 1502 páginas
...the care under the circumstances then 12 prevailing that a prudent man acting in a like capacity 13 and familiar with such matters would use in the conduct...enterprise of a like character and with like aims ; 15 and "(C) in accordance with the documents and instruments governing the fund insofar as is consistent...
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Retirement Income Security for Employees Act of 1972, S. 3598, Bill Text ...

United States. Congress. Senate. Committee on Labor and Public Welfare - 1972 - 122 páginas
...the care under the circumstances then 12 prevailing that a prudent man acting in a like capacity 13 and familiar with such matters would use in the conduct...of an enterprise of a like character and with like amis; 15 and 16 "(0) in accordance with the documents and in17 struments governing the fund insofar...
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Hearings

United States. Congress. Senate. Committee on Labor and Public Welfare - 1972 - 1136 páginas
...discharge his duties with respect to the fund," and so on, "under the circumstances then prevailing that a prudent man, acting in a like capacity and familiar with such matters, would use in the conduct of enterprise of a like character and with like aims." Mr. McGiLL. That seems acceptable to me. The CHAIRMAN....
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Retirement Income Security for Employees Act, 1972: Hearings Before the ...

United States. Congress. Senate. Labor and Public Welfare - 1972 - 644 páginas
...discharge his duties with respect to the fund," and so on, "under the circumstances then prevailing that a prudent man, acting in a like capacity and familiar with such matters, would use in the conduct of enterprise of a like character and with like aims." Mr. McGiLL. That seems acceptable to me. The CHAIRMAN....
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