A Prudent Practice: A 5-Part Process for Selecting Qualified Default Investment Alternatives (QDIA)
Location: Milano VII – VIII
An increase in regulation, fallout from market downturns, and a growing number of lawsuits against plan sponsors and advisors have left many concerned and seeking opportunities to increase their fiduciary protection, particularly related to Qualified Default Investment Alternatives (QDIAs). Many plans do not have a well-documented QDIA selection process. American Century Investments® partnered with nationally-recognized industry expert and ERISA attorney Jason Roberts of Retirement Law Group to develop a consistent process that includes helpful resources and checklists. In this session, learn how to leverage this 5-step process to collaborate and consult with plan sponsors on this important decision.
Jason Roberts, Esq., AIFA®, CEO Pension Resource Center, Retirement Law Group
Greg Koleno, Vice-President DCIO Sales, American Century Investments