Fiduciary Responsibilities definition

Fiduciary Responsibilities means those operational and administrative duties required to be performed by fiduciaries pursuant to the provisions of Part 4 of Subtitle B of Title I of ERISA.
Fiduciary Responsibilities means those fiduciary, operational and administrative duties performed by individuals designated as fiduciaries, or acting in the capacity of a fiduciary under the Plan, pursuant to the provisions of Part 4 of Title I of ERISA. Any person acting as a fiduciary may also perform any other role for the Company and/or its affiliates.

Examples of Fiduciary Responsibilities in a sentence

  • Reporting the City’s Fiduciary Responsibilities The City is responsible in a fiduciary capacity for other assets that can only be used for designated beneficiaries.

  • Meeting Your Fiduciary Responsibilities provides an overview of the basic fiduciary responsibilities applicable to retirement plans under the law.

  • Testimony of Mary Podesta on behalf of the Investment Company Institute before the ERISA Advisory Council Working Group on Fiduciary Responsibilities and Revenue Sharing Practices (Sept.

  • See Fiduciary Responsibilities of Manager - Indemnification and LLC Agreement - Exhibit A.

  • Meeting Your Fiduciary Responsibilities (May 2004) (available at www.dol.gov/ebsa/publications/fiduciaryre- sponsibility.html) (last viewed November 30, 2014); Understand- ing Retirement Plan Fees and Expenses (May 2004) (available at http://www.dol.gov/ebsa/publications/undrstndgrtrmnt.html) (last viewed November 30, 2014).

  • That is why fees are “just one of several fac- tors fiduciaries need to consider in deciding on service providers.” Fiduciary Responsibilities 5.

  • See "Fiduciary Responsibilities of Manager" for information on the effect of votes cast by interested Shareholders.

  • U.S. Department of Labor Employee Benefits Security Administration Meeting Your Fiduciary Responsibilities Offering a retirement plan can be one of the most challenging, yet rewarding, decisions an employer can make.

  • The Administration of the Trust, Investment Management or Fiduciary Responsibilities or the performance of acts that should be personally performed shall not be delegated as the client’s confidence is reposed on the Trust Entity.

  • The roles and responsibilities of University approvers of business expenses, regardless of funding source, are outlined in the Fiduciary Responsibilities Policy.

Related to Fiduciary Responsibilities

  • Responsibilities means the responsibilities delegated to BNY under the Rule as a Foreign Custody Manager with respect to each Specified Country and each Eligible Foreign Custodian selected by BNY, as such responsibilities are more fully described in Article III of this Agreement.

  • Institutional Responsibilities means an Investigator’s professional responsibilities on behalf of the University, which may include for example: activities such as research, research consultation, teaching, professional practice, University committee memberships, and service on panels such as Institutional Review Boards or data and safety monitoring boards.

  • Fiduciary has the meaning set forth in ERISA Section 3(21).

  • Named Fiduciary means the Fiduciary or Fiduciaries named herein or in the Adoption Agreement who jointly or severally have the authority to control and manage the operation and administration of the Plan.

  • Customer Responsibilities means the responsibilities of the Customer set out in Call Off Schedule 4 (Implementation Plan) and any other responsibilities of the Customer in the Call Off Order Form or agreed in writing between the Parties from time to time in connection with this Call Off Contract;

  • Financial responsibility means the ability to respond in damages for liability thereafter incurred

  • Fiduciary Account means an account in which the lawyer deposits fiduciary property.

  • Official responsibility means administrative or operating authority, whether intermediate or final, to initiate, approve, disapprove or otherwise affect a procurement transaction, or any claim resulting therefrom.

  • Responsibility means a duty for which a person is accountable by virtue of licensure.

  • parental responsibility , in relation to a child, means all the duties, powers, responsibilities and authority which, by law, parents have in relation to children.

  • Area of responsibility means the geographical area, as

  • Residual parental rights and responsibilities means all rights and responsibilities remaining with the

  • Corporate Social Responsibility means Corporate Social Responsibility (CSR) as defined in Section 135 of the Companies Act, 2013 and Companies Corporate Social Responsibility Policy) Rules, 2014;

  • Duties includes obligations.

  • Plan Fiduciary As defined in Section 5.3(o).

  • Independent Fiduciary means an independent fiduciary who will serve as a fiduciary to the Plan in accordance with Article 3 that has no relationship or interest in any of the Settling Parties and is mutually agreed to by the Settling Parties.

  • Proof of financial responsibility means proof of ability to respond in damages for liability, on account of accidents occurring after the effective date of the proof, arising out of the ownership, maintenance, or use of a motor vehicle, in the amount of twenty-five thousand dollars because of bodily injury to or death of one person in any one accident, and, subject to the limit for one person, in the amount of fifty thousand dollars because of bodily injury to or death of two or more persons in any one accident, and in the amount of twenty-five thousand dollars because of injury to or destruction of property of others in any one accident.

  • Role means the part or parts an Actor plays in a performance, or the "track" that an Artist follows in performance. The Artist may agree to participate in scene changes and/or supplemental business as part of their originally contracted Role.

  • Family relationship means a relationship between a person and another person within the third degree by consanguinity or the second degree by affinity, as those terms are defined by Subchapter B, Chapter 573, Texas Government Code.

  • Non-bank fiduciary or agent means a fiduciary or agent other than (a) a bank, as defined in Section 3(a)(2) of the Securities Act, or (b) a savings and loan association, as defined in Section 3(a)(5)(A) of the Securities Act.

  • Deputy Minister means the Deputy Minister of the Ministry.

  • Substantially relates means the nature of criminal conduct for which the person was convicted has a direct bearing on the fitness or ability to perform one or more of the duties or responsibilities necessarily related to the occupation; and

  • Fiduciaries means professional firms such as auditors, accountancy firms, law firms, analysts, insolvency professional entities, consultants, banks etc., assisting or advising the Company.

  • Oversight means the term as it is defined in the Stewardship Agreement between CDOT and the FHWA.

  • Extended producer responsibility ’ (EPR) means responsibility of any producer of packaging products such as plastic, tin, glass, wrappers and corrugated boxes, etc., for environmentally sound management, till end-of-life of the packaging products ;

  • Parent-subsidiary relationship means a relationship that exists when one corporation directly or indirectly owns shares possessing more than 50 percent of the voting power of another corporation.