Partner Holland & Knight LLP Chicago, IL, United States
Whether you are a new ESOP or a seasoned plan, do you need an investment policy statement? If so, where does this apply and who is responsible for it? It seems the IPS is a widely used, albeit often misused and misapplied, term. Does it apply to corporate cash, ESOP investments, or 401k? Join this panel of experts as they unpack what an investment policy statement should contain and where it should apply to your ESOP.
Learning Objectives:
Appreciate the value of having an investment policy statement for their ESOP company and for the ESOP plan
Understand what should and should not be included in an investment policy statement
Know the risks of not having an investment policy statement when investing on behalf of an ESOP company or plan
