Employers sponsoring a retirement savings program are required to uphold the highest fiduciary standards and duties. This prudent person rule, as it is known in the industry, states “that if one does not have the expertise in this area they are required to engage someone who does.” Simple is better. A partnership with TIG Advisors will mitigate your risk and allow you to focus on the core areas of your business, knowing that our team is committed to your success.
1. Discovery: TIG Advisors get to know you and your business
We want to understand your current retirement plan objectives and plan design, and to review your governing documents. Our review of your current investment strategies and compliance situation will determine our course of action.
2. Strategy: TIG Advisors make recommendations for optimizing your retirement strategies*
We leverage our network of marketplace vendors and benchmarking data to provide the sponsor and fiduciaries the information and recommendations that they need to understand investment and record keeping alternatives and ERISA requirements.
3. Sustainability: An ongoing review will ensure that you’re protected and compliant
We actively monitor service providers, participant behavior, compliance matters, industry developments, and investment options to equip the plan sponsor and fiduciaries with the data that you need to be successful.