What is IFLC's definition of a pension plan? Any organization that sponsors a retirement plan qualified under the Employee Retirement Income Security Act ("ERISA") or any municipal or state retirement system for teachers or public employees is a pension plan.
How does IFLC maintain the confidentiality of its pension plan members?
Names, addresses and/or telephone numbers are not released to anyone without the expressed permission of the member. No roster or membership lists are published on IFLC's website or elsewhere.
Are there membership requirements?
Yes. Only sponsors of pension plans such as corporations, municipal governments or agencies of municipal governments may join IFLC. There is no minimum requirement, however, for the value of assets held in pension plans that desire membership in IFLC. Pension plans are not required to be certified prior to admission to IFLC.
What are Fiduciary Roundtables?
Led by an industry expert, Fiduciary Roundtables represent an opportunity for pension plan sponsors to increase their investment oversight competency through online based training events.
What is FiduciaryNETTM?
FiduciaryNETTM is IFLC's members-only password-protected area. FiduciaryNETTM contains experts' conversations as well as research, educational and networking features of membership.
- Q&A Hotline contains categories of questions sent by members through FiduciaryNET and answered by experts selected by IFLC.
- Briefings & Recordings are handouts and educational subjects addressed by past speakers on issues of value to pension plan sponsors.
- Litigation Tracker summarizes the allegations made against pension plan sponsors in lawsuits filed by plan participants.
What is the Q&A Hotline on FiduciaryNETTM?
A means for members to stay in touch with fiduciary experts between Roundtable meetings, the Q&A Hotline feature on FiduciaryNET™ is a key component of IFLC's online community service. Since its inception, pension plan sponsors have asked many types of questions, from references on investment managers and investment advisors to inquiries about recordkeepers to requests to compare notes on hedge funds.
Once a month all pension plan sponsors receive an update on recent discussions, Q&A Hotline traffic, and other IFLC news.
Key Features of IFLC Membership for Pension Plans
- Attendance at Internet-based Fiduciary Roundtable events
- Handouts from Roundtable events
- Litigation tracker
- Full access to FiduciaryNET
- Q&A Hotline conversations
- Internet meetings
- Briefings and recordings from Internet meetings
- Monthly updates
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