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fiduciary
(redirected from Fiduciary Responsibilities)

   Also found in: Dictionary/thesaurus, Legal, Financial, Encyclopedia, Wikipedia 0.01 sec.
fiduciary (fidoo´shēerē),
n a person who has a duty to act primarily for another's benefit, as a trustee. Also, pertaining to the good faith and confidence involved in such a relationship.


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Hutcheson an expert on ERISA fiduciary responsibilities.
A report by Filene Research Institute, "Tracking the Relationship Between Credit Union Governance and Performance," revealed some interesting points that support the need for educational learning and diligent study in order to fulfill your fiduciary responsibilities as directors: * Credit union boards agree with publicly held boards that they need to spend more time on strategy and risk management and less time on operational and routine matters.
Plan sponsors need to understand a broad range of information on expenses associated with their plans to fulfill their fiduciary responsibilities.
 
 
 
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