INDEPENDENT FIDUCIARY SERVICES

There is continued focus on fiduciary responsibilities and these responsibilities are becoming more complex. Appointing an independent fiduciary who acts solely in the interest of participants helps you satisfy your fiduciary responsibilities, while avoiding potential conflicts of interest.

When you choose State Street Global Advisors, we can help you with a broad range of needs, from acting as independent fiduciary for the company stock in your DC plan to selecting an annuity provider for your DB plan.

 

Services at a glance

  • Fiduciary Oversight of Company Stock in DC and DB Plans
  • Sun-setting Employer Stock Funds
  • Choosing Insurance Providers for Annuitizing DB Plans
  • In-kind Contributions to DB Plans
  • Proxy Voting
  • Trade Execution

 

Focused on your needs

When you choose us as your independent fiduciary, you'll enjoy:

  • A trusted partner with almost 30 years of independent fiduciary experience
  • An experienced team with an average tenure of 30 years, with responsibility for more than $60 billion1 in company stock assets
  • Deep experience in selecting an annuity provider in accordance with the Department of Labor's Interpretive Bulletin 95-1 on over 30 transactions totaling over $60 billion in liabilities
  • A valued resource for navigating fiduciary responsibilities, participant communications and other key issues facing plan sponsors today
  • Administrative reporting to the sponsor or appointing fiduciary
  • Help navigating the complex regulatory standards governing company stock programs in both DC and DB plans
  • Seamless coordination with other plan providers, including recordkeepers and custodians

 

1As of January 2019

Learn More

State Street Global Advisors can help you outsource the fiduciary oversight of your company stock fund, the selection of an annuity provider or other fiduciary challenge with confidence and ease. We look forward to beginning a conversation with you about the best way to serve the needs of you and your participants.

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