Fiduciary Advisor

Plan Sponsors Provide Investment Advice With Fiduciary Protection

Experience and many studies have shown that plan participants would like help in managing their self-directed 401(k) accounts.

Often, participants take too much or too little risk to reach their retirement objectives. There is a lot at stake since a company sponsored retirement plan is often an employees’ largest retirement asset. The Pension Protection Act allows plan sponsors to select fiduciary advisors to provide advice to plan participants and provide the plan sponsor fiduciary protection for the advice given.

Although, both plan sponsors and fiduciary advisors have to meet several requirements. Johnston Investment Counsel meets all the fiduciary requirements necessary to serve as a fiduciary advisor to plan participants. We will work with employees to develop an investment strategy that is appropriate for their unique situation, implement the strategy, monitor the results, and make adjustments as appropriate.