________ establishes the fiduciary principles for U.S. corporate pension plans.
________ establishes the fiduciary principles for U.S. corporate pension plans.
A . AIMR
B . PSPC
C . ERISA
D . WTO
E . UMIFA
F . None of these answers
G . RELAC
Answer: C
Explanation:
ERISA establishes the fiduciary principles for U.S. corporate pension plans. ERISA is very specific in its definition of fiduciaries and their responsibilities and investment managers of U.S. corporate pension plans are subject to ERISA’s fiduciary provisions.
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