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A boom in monitoring the pension funds.

Source :
BusinessWeek; 7/21/1975, Issue 2390, p61-62, 2p
Publication Year :
1975

Abstract

The article reports that the provisions of the U.S. Employee Retirement Income Security Act (ERISA) of 1974, is encouraging services to evaluate fund performance for pension fund managers. According to the vice president of Becker Securities Corp., Robert T. Brehm, the law requires the pension officer to authorize certain responsibilities in money management, and stay informed and prudent with the selection of an outside manager and his performance.

Details

Language :
English
ISSN :
00077135
Issue :
2390
Database :
Complementary Index
Journal :
BusinessWeek
Publication Type :
Periodical
Accession number :
58450072