| C C H, Incorporated, Toolkit Media Group - 2004 - 840 páginas
...use the care, skill, prudence, and diligence under the existing circumstances that a prudent person acting in a like capacity and familiar with such matters would use in the conduct of a similar enterprise. 3 Diversification of plan investments A fiduciary must diversify plan investments... | |
| United States. Government Accountability Office - 2004 - 52 páginas
...act ". . .with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent man acting in a like capacity and familiar with such matters would use." Failure to act in accordance with these requirements might constitute a breach of fiduciary duty. Breaches... | |
| United States - 2004 - 2224 páginas
...with the care, skill, prudence and diligence under the prevailing circumstances that a prudent person acting in a like capacity and familiar with such matters would use. (c) Selection of Annuity Providers. The selection of an annuity provider for purposes of a pension... | |
| Brooks R. Magratten - 2005 - 420 páginas
.... . and with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent man acting in a like capacity and familiar...matters would use in the conduct of an enterprise of like character and with like aims. "ERISA does not expressly enumerate the particular duties of a fiduciary,... | |
| Mark Filipp - 2005 - 950 páginas
...rule," which means that the fiduciary must act "with the care, skill, prudence, and diligence that a prudent man acting in a like capacity and familiar...matters would use in the conduct of an enterprise of like nature." In essence, fiduciaries are required to exercise their duties solely in the interest... | |
| William G. Gale, John B. Shoven, Mark Warshawsky - 2005 - 252 páginas
...to act "with the care, skill, prudence, and diligence 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 a enterprise of a like character and with like aims." 4. The regulations under ERISA, section 404(a)... | |
| Ann E. Georgehead, David A. Soley, Robert Y. Gwin - 2005 - 366 páginas
...participants and their beneficiaries; and (ii) defraying reasonable expenses of administering the plan; such matters would use in the conduct of an enterprise of a like character and with like aims; (C) by diversifying the investments of the plan so as to minimize the risk of large losses, unless... | |
| John A. Turner - 2006 - 208 páginas
...must act "with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent man acting in a like capacity and familiar with such matters would use in conducting an enterprise of like character and with like aims" (ERISA §404[a][l][B]). With this definition,... | |
| Christian D Rahaim - 2005 - 218 páginas
...to act "with the care, skill, prudence, and diligence under the circumstances then prevailing that a prudent man acting in a like capacity and familiar with such matters would use..."71 With these standards, there is little mystery why plan fiduciaries can become confused about... | |
| |