Fiduciary Consulting Group
Coverage of Fiduciary Consulting Group in the Nexus archive.
- City’s 457 Plan Committee to Weigh Fund Replacements and Discretionary Oversight of Target-Date Series
The City of Pasadena’s Deferred Compensation Trust Administration Committee will meet on Aug. 4 to review the second-quarter performance of the city’s 457 deferred compensation plan and evaluate replacing two underperforming funds. The plan holds $472.8 million in assets as of June 30 and serves as a retirement savings vehicle for Pasadena city employees.
- City’s Retirement Plan Committee to Review Federal Push to Expand Alternative Investments
The City of Pasadena’s Deferred Compensation Trust Administration Committee is set to review a federal push to expand alternative investments in workplace retirement plans via a quarterly fiduciary newsletter. The 457(b) Plan Fiduciary Advisor Newsletter, prepared by the Fiduciary Consulting Group, highlights regulatory developments but does not require committee action.