Creating a Process to Review Retirement Income Products for Your Retirement Plan

Core Insights - The discussion focuses on the essential fiduciary steps necessary for selecting and monitoring retirement income products, emphasizing the importance of proper oversight in the retirement planning process [1] Group 1: Fiduciary Responsibilities - Companies must ensure that they are adhering to fiduciary standards when selecting retirement income products to protect the interests of plan participants [1] - Monitoring the performance and suitability of retirement income products is crucial to maintain compliance with fiduciary duties [1] Group 2: Expert Perspectives - Jeffrey Snyder from Broadcast Retirement Network and John Schembari from Kutak Rock provide insights into best practices for fiduciaries in the retirement income space [1] - The collaboration between industry experts highlights the need for ongoing education and awareness regarding retirement income strategies [1]